Comment on Europe Slows and Sanctions Yet to Bite

Europe Slows and Sanctions Yet to Bite

It provides a gloomy read for the ECB - Markit's latest survey suggests the euro zone's recovery remains fragile. Manufacturing and service industry activity dwindled as the region's private business growth slowed more than expected this month, despite widespread price cutting. Phyllis Papadavid is from BNP Paribas.

 

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