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Euro zone growth worry

Closely-watched indicators of the euro zone's economic wellbeing have dashed hopes of an imminent recovery in the area by showing that private sector growth in the zone slowed down this month.

Markit's purchasing managers' index for the currency bloc slumped from 52.1 in October to 51.4, indicating that the pace of private sector growth had fallen.

While still above the important 50 mark, implying that the private sector continues to grow, the reading was much weaker than expected by economists.