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Separate data for unemployment in the eurozone turned the screw on the ECB board after the number of jobless rose by 34,000 to maintain the unemployment rate at 11.5%.
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The mood in the eurozone has turned against severe austerity.
As many experts and commentators, including me, advised, the Greek government needed to prepare for a parallel currency to provide liquidity to the economy in case eurozone authorities turned off the taps.
Photograph: JOHANNES EISELE/AFP/Getty Images Updated at 9.18am GMT 9.09am GMT Eurozone has turned a corner, says Markit After gloomy signs from France and surprisingly good data from Germany (see below), it wasn't clear how the composite eurozone business survey would look.
But both Conservatives and Liberal Democrats also backed the disastrous "light-touch regulation" of finance (along with Gordon Brown's spending plans before the crash), while the eurozone was turned into a basket case by the very same insistence on cutting during a slump that has done such damage in Britain.
Inflation in the eurozone has turned negative, official figures have shown, with prices in December 0.2% lower than the same month a year earlier.
A mass removal of triple-A status from the core eurozone could turn out to contain little drama.
Only a rejuvenated eurozone can turn one month's figures into a sustainable upward trend, and that looks like an unrealistic prospect.
His gamble is that it will be enough to soothe the tensions within the eurozone, and turn the risk of a shoot-out into a singalong.
But it seems the eurozone may have turned a corner, according to the latest purchasing managers' index.
Aware that the vast majority want to remain in the eurozone, Tsipras, who turned 40 last year, has toned down his anti-European rhetoric.
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CEO of Professional Science Editing for Scientists @ prosciediting.com