Eurozone downturn may have bottomed out: Markit

BRUSSELS: The eurozone may be past the worst of its economic downturn, a key indicator signalled on Wednesday, probably because the European Central Bank has underpinned confidence and because of underlying strength in the German economy analysts said.

UK business confidence plunges on eurozone fears

Business confidence in the UK has plunged on fears over the eurozone crisis and the prospect of a Greek exit, according to a survey from Lloyds Banking Group.