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Eurozone business activity ends Q1 on higher note

ECB's latest stimulus seen to be taking effect and also as a springboard for better growth in the rest of the year

Published Tue, Mar 22, 2016 · 09:50 PM
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London

EUROZONE business activity ended the first quarter on a higher note, surveys showed on Tuesday, suggesting that extra stimulus from the European Central Bank (ECB) may already be having a positive effect.

The ECB chopped interest rates again and bolstered its asset purchase programme earlier this month as part of an ongoing battle to drive up growth and inflation in the 19-nation bloc.

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