Markit’s composite survey showed a big split between buoyant manufacturers and a struggling service sector, and a similar divide in growth rates among members of the currency union: French business activity hit a 15-month high, while Germany’s private sector growth slowed to a 16-month low. Source: Reuters
Efforts to form a coalition government collapsed on Sunday after the Italian president rejected a eurosceptic pick for the key economy ministry, triggering a possible constitutional crisis and opening the prospect of fresh elections. Source Reuters
Saudi Crown Prince Mohammed bin Salman has ordered that no more government contracts be awarded to German companies, in a sign of continued irritation over Berlin’s foreign policy in the Middle East. Source Reuters
Serious clashes between residents at the migrant reception and processing center of Moria on the eastern Aegean island of Lesvos on Friday afternoon left six people injured. Source Ekhatimerini
