Euro zone economy ended 2014 in poor shape: PMI

By Jonathan Cable LONDON (Reuters) - The euro zone economy ended 2014 with its worst quarter for over a year as further price cutting failed to significantly drive up business activity, adding pressure on the European Central Bank to act, surveys showed. Also of concern to policymakers, the surveys highlighted an ongoing downturn in France and Italy and only a stuttering performance in Germany, Europe's largest economy. ...