Euro-zone recovery may have continued in Q1 of 2015: Capital Economics

Quotes from Capital Economics:

- February's small rise in the euro-zone composite PMI (released on Friday) provided some reassurance that the region's recovery may have continued in Q1 of 2015 despite the ongoing crisis in Greece. 

- The increase to 53.5, from 52.6 in January, was slightly stronger than the consensus forecast of 53.0. It marked the third increase in a row and left the headline index at its highest level since July.