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.