European shares closed down after weaker-than-expected euro zone economic data revived recession fears in Europe.
The FTSEurofirst 300 index [ .FTEU3 1077.63
-7.75 (-0.71%) ] closed down after news that the euro zone's service sector unexpectedly shrank this month.
Markit's Euro zone Services Purchasing Managers' Index (PMI) fell to 49.4 from January's 50.4, missing even the lowest forecast in a Reuters poll.
In addition, strategists said several issues remained unresolved after the Greek bailout deal.
"There are still some big questions: does Greece have enough money even now after the second bailout? Can they generate the growth required?" asked Henk Potts, equity strategist at Barclays Wealth, though he noted other factors would limit the downside for equities.



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