Eurozone faces recession possibility in 2015, survey finds
Eurozone economy
London - SPA
A closely monitored survey shows the eurozone economy ended 2014 on a tepid note, raising concerns that the region may slip back into recession this year, AP reported.
Financial information company Markit said Tuesday its purchasing managers index, a broad gauge of business activity, rose to 51.4 in December from 51.1 the previous month, but it notes that the rate of expansion during the fourth quarter overall was the weakest since the third quarter of 2013.
Anything above 50 indicates expansion.
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