Euro Zone Downturn Worsens
A euro zone recovery is looking less likely. It was hoped new business survey data would show small signs of economic improvement. But the latest Markit Euro zone Services PMI numbers showed activity in the region fell in February. The survey fell 1 point to 47.3 - below the crucial 50 mark that indicates growth. But it's a mixed picture across the euro zone - the divide between Germany and France is growing. Rob Dobson is Markit's senior economist.
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