The European Commission revised down its forecasts for the UK economy in 2009, but said that recovery in 2010 and 2011 would outpace that of the Euro area. It said UK gross domestic product (GDP) would fall by 4.6pc this year,...
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By Jonathan Cable and Brian Love LONDON, Nov 4 (Reuters) - Europe provided more evidence of a rebound from recession on Wednesday with surveys suggesting service sector activity expanded at its fastest in 22 months in October...
The services sector around the world was pressured due to the global recession, as demand weakened led from lower confidence levels; however, recently the services sector in Europe has been showing slight signs of recovery,...
The second biggest economy in Europe today continues to reveal data that supports the fact that conditions are slightly improving, since the construction sector accounts for 6% of the GDP is expected to ease its economic...
Manufacturing activity in the euro zone expanded in October for the first time since May 2008, a widely-watched index showed today. The euro zone's purchasing managers' index (PMI) for the manufacturing sector, published by...
A new week rolls in, while today's major highlight is set on manufacturing data that is to be released from major economies, which supports overall growth in Europe. Both in the euro zone and the United Kingdom; manufacturing...