FXstreet.com (Barcelona) - Business confidence has worsened somewhat in April in the countries sharing the Euro, due to the slump of confidence among providers of financial services, while consumer sentiment remained unchanged according to the latest report by the European Commission.

Confidence among businesses has been weighed by tighter credit conditions, and the strength of the common currency, as a result, the business confidence index has dropped to 97.1 in April from 99.6 in March, with the confidence in the industrial sector declining to -2 in April from 0 in March, and the confidence among bank and other providers of financial services falling to +8 in April from +12 in March.

Consumer sentiment, however has remained unchanged in April at -12, against the market expectations of an slight decline to -13.