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ECONOMICS COMMENTARY May 06, 2014

Eurozone economic growth at three-year high, as output expands across the big-four nations

The recovery in the eurozone economy gathered pace at the start of the second quarter, with the combined output of the manufacturing and service sectors rising at the fastest pace for almost three years in April. The outlook for the upturn was also positive, with new orders and backlogs of work rising further and a return to growth for employment.

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