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Yahoo! News: Business - European Economy
Updated : Fri, 05 Sep 2008 19:50:10 GMT

Euro dives to 2008 low against dollar (AFP)
AFP - The euro sank to its lowest level against the dollar this year on Thursday after the European Central Bank cut its eurozone growth forecasts, adding to gloom surrounding the European economy.

Publ.Date : Thu, 04 Sep 2008 17:34:58 GMT

On London: Scant comfort to be found in the pound's current decline (FT.com)
FT.com - Sterling's decline against the dollar showed no signs of slowing this week, but what was more interesting was the reaction of the London market. The FTSE 100 fell 7.1 per cent - its worst weekly performance in percentage terms in more than six years - turning on its head the idea that the UK market performs well during periods of dollar strength.
Publ.Date : Fri, 05 Sep 2008 19:50:10 GMT

German industrial production fell in July (AP)
AP - German industrial production fell 1.8 percent in July compartede with June, with the three main categories of output showing declines, the ministry of the economy said Friday.
Publ.Date : Fri, 05 Sep 2008 13:43:48 GMT

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