PREVIEW

... nounced last month’s economic data. The results were unexpectedly poor. The unemployment rate was as high as 10.1%, setting a new high in Europe in ten years; the European economic growth rate in the first quarter was revised to 0.2% , indicating that the economic recovery in the euro zone is slowing.

   What worries the market even more is that the European Managers' Purchasing Index fell sharply from 57.6 in the previous month to 55.8 in May, and confidence in manufacturing investment i ...

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