Page 15217 


Recovery in euro zone business activity loses steam

Five Euro Note

The euro zone's private sector expanded in February with growth still close to the currency bloc's two and a half year high, but France bucked the trend, prompting concern over its economic growth at the start of 2014.

No straightforward European recovery: UBS' Alex Weber

Weber Grill

Europe's recovery this year will not be straightforward, according to Axel Weber, the chairman of UBS, who warned against complacency in the euro zone with banking stress tests and anti-EU sentiment waiting to derail modest growth.