The document discusses the economic crisis in Cyprus and the ongoing recession in the eurozone. It analyzes purchasing manager index (PMI) data, which indicates the economic health of the manufacturing sector. The March PMI numbers showed a faster deterioration in manufacturing and service sector activity, suggesting the moderation in the economy's contraction is fading. Concerns about a further economic downturn in the eurozone are raised by weak market leadership, public opinion votes, and worsening economic conditions.

1. Aakash Kumar(11723)

2. Article summary
 serious crisis for Cyprus has not translated into panic
on the continent itself.
 With markets behaving themselves, this result in the
other big crisis in Europe: the euro-zone recession that
just won't end.

3. PMI(purchasing manager index)
 An indicator of the economic health of the
manufacturing sector.
 The PMI index is based on five major indicators: new
orders, inventory levels, production, supplier deliveries
and the employment environment.
 PMI of more than 50 represents expansion of the
manufacturing sector, compared to the previous
month.
 A reading under 50 represents a contraction,
 A reading at 50 indicates no change

4.  In March,
conditions
deteriorated at a
faster pace.
 Moderation in
the economy's
contraction seem
to be fading.
 Service-sector
and
manufacturing
activity did worse
in march.

5. Conclusion
 Following situations can raise concerns about
economic downturn of euro-zone:
 Market leader
 Votes of public
 Worsening economic condition