Bank Confidence In Eurozone on Slow Path To Recovery

Consumer confidence in Eurozone banks, particularly in countries requiring bailouts, remains near all time lows, according to a Gallup survey. Banks confidence improves after bailouts and crisis While confidence in financial institutions and banks stood near 60 percent before bailouts in many countries, including Portugal, Ireland and Cyprus, that number slipped after the crisis and remains low.  In Portugal, 35 percent express confidence in their financial institutions, with only 9 percent express confidence in Spain. The latest results from the Eurozone come as banks in the US have a positive image for the first times since 2007, a separate Gallup…