Eurozone growth jumps more than expected

Growth in the eurozone strengthened far beyond expectations in the first quarter of 2016, but inflation in Europe remained very low and a source of concern. "Good news from the eurozone: One by one, the pieces are falling into place," said Holger Schmieding, of Berenberg Bank. "Despite the serious market turbulence in January and February, the eurozone economy started rather well into 2016," he said.