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Eurozone composite output PMI 47.9 (flash 47.3) in February vs 48.6 in January; services 47.9...

Eurozone composite output PMI 47.9 (flash 47.3) in February vs 48.6 in January; services 47.9 (47.3) vs 48.6. The data in Q1 so far points to eurozone GDP falling 0.2% following a drop of 0.6% in Q4, with the divergence between Germany and France "the widest in the 15-year survey history," says Markit. The outlook...seems to largely depend on whether Germany can continue to expand and offset the weakness in France, Italy and Spain, which seems a tall order." says Markit. (PR)
Comments (2)
  • divinecomedy
    , contributor
    Comments (463) | Send Message
     
    Cool, this will keep the US market rallying since investors will need to put their money somewhere.
    5 Mar 2013, 05:25 AM Reply Like
  • User 353732
    , contributor
    Comments (5083) | Send Message
     
    As long as the Eurocrats continue to maintain that the cure for disease is more disease: more bad debt is the solution to already unsupportable bad debt; more fiat money is the solution to an already hugely fake currency , more bad Government is the solution to already egregiously bad government and more risible propaganda is the response to already towering deceptions, the economies of the EU will continue to compress.
    Europe does not know of a single way to succeed but it knows of many ways to fail.
    5 Mar 2013, 05:26 AM Reply Like
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