European service industry enjoys June bounce despite Greek woes

Published Fri, Jul 3, 2015 · 09:50 PM

    London

    EUROPE'S vast service industry expanded faster than initially thought last month, surveys showed on Friday, speeding ahead despite warning signs that Greece might crash out of the eurozone.

    Firms across the currency union enjoyed a better June than predicted by a preliminary reading, growing at a four-year record pace, while British firms ramped up activity more than anyone in a Reuters poll had forecast.