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From the FT: The European Economic Outlook

Source: http://www.econbrowser.com/archives/2008/10/from_the_ft_the.html
Posted on Tuesday, October 21st, 2008 | In Economics
Contributed by: Menzie Chinn (http://www.econbrowser.com) -

From Europe’s Stormy Outlook:

Stormy conditions prevail across Europe’s economies, blackening the outlook after the arrival of a full-blown banking sector crisis this month sent confidence plummeting and threatened widespread-economic damage.

Jean-Claude Trichet, European Central Bank president, warned late on Sunday on French television of a “strong slowdown”.

The recent turmoil has hardened expectations that 2009 will see little, if any, growth across much of the Continent.

euroweather1.gif

Figure from Europe’s Stormy Outlook.

Last 5 posts by Menzie Chinn





About Menzie Chinn (http://www.econbrowser.com)
Menzie David Chinn is a Professor of Public Affairs and Economics at the Robert M. La Follette School of Public Affairs, University of Wisconsin. He is co-author of Econbrowser.

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