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Euro logo 2013 4 4

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The latest Markit composite PMI survey shows the euro zone crisis has deepened.
The ECB cut its main interest rate to 0.25 percent from 0.5 percent in the hope of spurring economic activity.
As expected, the European Central Bank held its refinancing rate at a record low of 0.25 percent after last month’s surprise cut.
The euro zone unemployment rate continued near record highs at 12.1 percent in November, unchanged from the October level.
Euro logo 2013 4 4

The euro logo is seen in front of the European Central Bank in Frankfurt, Germany, on April 4, 2013.