Euro zone businesses boomed in July but confidence weakened ...Middle East

Euro zone business activity expanded at its fastest monthly pace in over two decades in July as the loosening of more COVID-19 restrictions gave a boost to services but fears of another wave of infections hit business confidence, a survey showed. With vaccination rates accelerating and the burden on health care easing governments have lifted some of the curbs they imposed to try and contain the virus' spread, unleashing pent-up demand.

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