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Optimism across the service sector fell sharply in the past three months as business volumes and profitability continue to fall, a services sector survey from the CBI has revealed.
Another top policymaker at the European Central Bank echoed his counterparts across the Atlantic on Friday, calling for more time, "until around summer", in order to better assess the magnitude of the risks - or not - to economic growth.
German business confidence deteriorated more than expected in February, to its lowest level in four years, according to a widely-followed survey released on Friday.
