Eurozone's confidence crisis as manufacturing slumps

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The eurozone's private sector shrank for the sixth straight month in July, owing to a slump in manufacturing, according to a survey released on Tuesday.

Research firm Markit also found that manufacturing in Germany contracted at its fastest pace for three years.

It's a further blow to EU policymakers battling the bloc's debt crisis.

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http://www.euronews.net/

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