German and French business morale slumps

Article reports that German and French business confidence deteriorated sharply in September 2008 in the wake of the mounting global financial crisis, increasing pressure on the European Central Bank to cut interest rates.

http://www.cesifo-group.de/portal/page/portal/ifoHome/a-winfo/d1index/10indexgsk http://www.cesifo-group.de/portal/page/portal/ifoHome/a-winfo/d1index/10indexgsk

France: INSEE: Topics: Economic outlook http://www.insee.fr/en/themes/theme.asp?theme=17&sous_theme=1&typeindic=2

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