Tag Archives: The Euro Area Downturn Is Getting Worse

Business Insider – The Euro Area Downturn Is Getting Worse – 24 July 2012

New economic data out of the Eurozone suggests things are just getting worse.

The Flash Eurozone purchasing managers index fell to 46.4 in July, which represents the sixth straight month  below 50.  And a reading below 50 signals contraction. Continue reading

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