Eurozone business activity starts Q2 on solid footing

London

EUROZONE businesses started the second quarter with healthy growth as a buoyant order book again encouraged them to hire more, a survey showed on Wednesday.

Any sign that the bloc's recovery is gaining traction will be welcomed by the European Central Bank, which embarked on a one trillion euro (S$1.5 trillion) bond buying stimulus programme in March, although the survey did show that firms were still cutting prices.