Chris Williamson, chief economist at Markit, says: “There were clear signs of the eurozone economy reviving in February, with stronger inflows of new business and rising business confidence suggesting growth should continue to pick up in March.”
What is still uncertain is whether Greece will remain in the eurozone, as fears over a Greek exit have been mounting. At the end of February though, the German parliament voted to allow Greece a four-month bailout extension that has eased market and investor worries – for now.
Ellie Duncan is deputy features editor at Investment Adviser