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BREAKING NEWS

Euro zone service sector expands faster

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Euro zone service sector expands faster

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The euro zone’s dominant service sector expanded at its fastest pace in over two years in March.

The Markit survey of Services Purchasing Managers in around 2,0000 companies showed firms are growing more optimistic about the year ahead.

However euro zone growth stalled in the last quarter of 2009 according to revised data from the EU’s statistics office, underlining the continued fragility of economic recovery.