FRANKFURT, Dec 9 Reuters Investor morale in the euro zone fell in December to its lowest in more than a year, a survey showed on Monday, with Germany remaining a drag on the bloc as snap elections in February have failed to inspire confidence.

The Sentix index for the euro zone fell to 17.5 in December from 12.8 in November, the lowest level since November 2023 and a bigger decline than the 13.5 forecast by analysts polled by Reuters.

Following the announcement of new elections to the German Bundestag, there is no mood of optimism, the survey said, adding that with regard to Europe39;s top economy the recession remains omnipresent.

The survey of 1,148 investors from Dec. 5 to Dec. 7 showed expectations also falling to 5.8 in December, down from 3.8 points last month.

The current situation score for the currency union even fell to its lowest level in more than two years, coming in at 28.5 in December from 21.5 in November.

Investor morale in Germany also fell to 33.2 in December, down from 29.8 in November, the survey showed.

Reporting by Christoph Steitz, Editing by Friederike Heine

Source Reuters