Euro zone slump eases in May but points to contraction in second quarter -PMI

The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc’s economy is likely to contract again in the second quarter, business surveys showed on Thursday. Markit’s flash Euro zone Services PMI, which surveys around 2,000 companies ranging…

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Euro zone slump eases in May but points to contraction in second quarter -PMI