ECONOMY

Poll: Uncertainty over Greece hurting eurozone economy

A closely watched survey shows uncertainty over the financial future of Greece is weighing on the eurozone economy.

Financial information company Markit said on Wednesday that concerns over Greece are acting as “a brake on growth.”

Markit says its purchasing managers’ index – a broad gauge of business activity – for May fell to a three-month low of 53.6 points from 53.9 the month before.

Markit’s chief economist Chris Williamson said “any escalation of the Greek crisis could rapidly derail the recovery.”

[AP]

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