Thursday, the Eurostat said in a report that the industrial new orders dropped 0.6% month-on-month in February, after falling 3.5% in January, revised from 3.4% estimated initially. Economists were looking a decline of 2.2%.

Year-on-year, industrial new orders plunged 34.5% in February, compared with a revised 34.3% in January. Economists had predicted a decline of 34.8%.

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