Eurozone business growth accelerates as new orders pour in

April 7, 2015 8:13 AM

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Eurozone business growth accelerates as new orders pour in

[LONDON] Eurozone business activity accelerated in March at its fastest pace for nearly a year as customers took advantage of ongoing price discounting to place new orders at a rate not seen since mid-2011, a survey found.

The upbeat survey will provide welcome news for the European Central Bank just weeks after it embarked on a trillion-euro asset-purchase programme to try and spur growth and inflation.

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