Consumers or businesses? They both have the same problems. The terrible unemployment figures do not help morale. Latest titbit news from Brussels
Morale at half mast as the EU enters recession
Prices are not even going down that much (Image: owen-jp/ Flickr)
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Translation: Michelle Williams
14/01/09
Tags : consumers, EUweek, economical crisis, Negocios, european commission, unemployment.
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The confidence of businesses and consumers has plummeted throughout Europe thanks to rising unemployment figures that confirm we are in a recession. The latest data published by the European Commission in its Business Climate indicator certainly won’t cheer us up either!
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