Sharp falls in business confidence were reported across continental Europe on Wednesday as global economic storms drove the eurozone towards recession, adding pressure on the European Central Bank to consider interest rate cuts.
By Ralph Atkins in Frankfurt
Published: September 24 2008 10:08 | Last updated: September 24 2008 17:54
Sharp falls in business confidence were reported across continental Europe on Wednesday as global economic storms drove the eurozone towards recession, adding pressure on the European Central Bank to consider interest rate cuts.