Europe's Recovery Still Fragile Despite British and German Performance

European Central Bank facing pressure to do something

(Reuters)—The euro zone's economic recovery lost a little momentum last month, according to surveys that showed only modest growth in German and French businesses.

Data from non-euro zone Britain impressed again, however, and German industrial orders jumped underlining the uneven nature of overall European recovery.

Wednesday's purchasing managers' indexes (PMIs) from Markit showed the pace of growth in euro zone businesses slipped last month, although not nearly as badly as first projections.