Europe’s mood darkens as confidence falls

European economic confidence saw its biggest fall to date in October 2008 as the global bank crisis generated the bleakest outlook since the early 1990s, as reported in the European Commission economic sentiment survey issued on the 30 October 2008.

European Commission: DG Economic and Financial Affairs: Economic Databases and Indicators: Business and Consumer Surveys http://ec.europa.eu/economy_finance/db_indicators/db_indicators8650_en.htm

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