Find a page

Euro zone firms upbeat in June
03 Jul 2015 12:12
Euro zone business activity expanded at its fastest pace in four years last month as the European Central Bank's stimulus package more than offset fears Greece could crash out of the currency union, surveys showed.
-
Speculation that Athens would miss a €1.6 billion repayment to the IMF on Tuesday heightened expectations Greece would have to abandon the euro.
-
This kept manufacturing activity in check last month.
-
But the service industry shrugged off those fears and ramped up activity at the fastest rate since mid-2011.
-
This suggests that low inflation and the ECB's €1 trillion bond-buying programme was boosting spending among consumers and businesses.
-
The final composite PMI for June, which combines manufacturing and services activity and is seen as a good guide to growth, came in at 54.2, just above a preliminary reading of 54.1 and well ahead of May's 53.6.
-
That was its highest reading since May 2011.
-
The index has now been above the 50 mark that separates growth from contraction for two years.
-

Where can I get RTÉ Aertel Digital?

RTÉ Aertel Digital is an enhanced digital version of the RTÉ Aertel teletext service. It functions in the same way as the analogue service, offering current news, sport and weather updates but is now more agile and easier to use.

RTÉ Aertel Digital is available on Saorview, the new free digital TV service in Ireland.
Press TEXT button on your remote to launch Aertel from RTÉ One, RTÉ Two, RTÉ News Now.