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Eurozone economy picks up in January but growth still weak
Published Fri, Jan 23, 2015 · 09:50 PM
Brussels
EUROZONE business activity picked up to a five-month high in January, a key survey showed on Friday, just the day after the European Central Bank announced a 1 trillion euro (S$1.5 trillion) economic stimulus package.
Analysts said the report was encouraging as it confirmed a recent modest pick-up but they cautioned that growth remains weak after the economy faltered badly in 2014.
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