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    European Business & Economy Headlines
    Industry group says UK facing recession (AP)
    AP - A recession is likely to descend on Britain within the next six to nine months, the British Chambers of Commerce warned on Monday. -- read full article
    Mon, 18 Aug 2008 10:58:17 GMT - Yahoo! News: Business - European Economy
    Dollar slips on profit-taking (AFP)

    Euro banknotes next to US dollar notes in a cash register. The dollar slipped back Monday on profit-taking after recent gains while the euro found only modest support as the market anticipated more weakness in the European economy.(AFP/Getty Images/File/Annie Tritt)AFP - The dollar slipped back Monday on profit-taking after recent gains while the euro found only modest support as the market anticipated more weakness in the European economy.


    -- read full article
    Mon, 18 Aug 2008 17:29:22 GMT - Yahoo! News: Business - European Economy
    London shares close lower (AFP)

    People walk past the London Stock Exchange. Leading shares closed lower as commodity stocks dragged down the FTSE despite better-than-expected US data.(AFP/File/Shaun Curry)AFP - Leading shares closed lower Friday as commodity stocks dragged down the FTSE despite better-than-expected US data.


    -- read full article
    Fri, 15 Aug 2008 16:19:23 GMT - Yahoo! News: Business - European Economy
    EU: Euro economy shrinks in second quarter (AP)

    Pedestrians walk past a giant euro logo in front of the European Central Bank (ECB) in Frankfurt, western Germany, Europe has swung towards recession, with the eurozone economy shrinking for the first time and inflation hovering at a record high as the sharp global downturn takes hold, new figures showed Thursday.(AFP/DDP/File/Torsten Silz)AP - The euro-zone economy shrank 0.2 percent in the second quarter, EU statistics showed Thursday, raising recession fears as Germany, France and Italy braked sharply with high fuel and food prices holding back consumer spending.


    -- read full article
    Thu, 14 Aug 2008 19:38:50 GMT - Yahoo! News: Business - European Economy
    German economy shrinks in 2nd quarter (AP)
    AP - The German economy shrank for the first time in nearly four years in the second quarter as consumer spending and capital investment declined, according to government figures released Thursday. -- read full article
    Thu, 14 Aug 2008 11:20:12 GMT - Yahoo! News: Business - European Economy
    FTSE higher on rising metal prices (AFP)

    People walk past the London Stock Exchange. London shares rose as heavyweight miners were boosted by higher commodity prices.(AFP/File/Shaun Curry)AFP - London shares rose on Thursday as heavyweight miners were boosted by higher commodity prices.


    -- read full article
    Thu, 14 Aug 2008 11:31:40 GMT - Yahoo! News: Business - European Economy
    EU: Euro economy shrinks in second quarter (AP)
    AP - The euro-zone economy shrank 0.2 percent in the second quarter, EU statistics showed Thursday, raising recession fears as Germany, France and Italy braked sharply with high fuel and food prices holding back consumer spending. -- read full article
    Thu, 14 Aug 2008 12:50:47 GMT - Yahoo! News: Business - European Economy
    FTSE shares weaken, banks under pressure (AFP)

    People walk past the London Stock Exchange. London shares dipped amid renewed jitters about the health of the world's top banks and slowing economic growth.(AFP/File/Shaun Curry)AFP - London shares dipped on Wednesday, amid renewed jitters about the health of the world's top banks and slowing economic growth.


    -- read full article
    Wed, 13 Aug 2008 11:15:51 GMT - Yahoo! News: Business - European Economy
    Dollar soars higher on euro zone woes (AP)
    AP - The dollar soared Friday in what analysts are calling a game-changing move as concerns about the deteriorating euro zone economy gripped investors and commodities sold off. -- read full article
    Fri, 08 Aug 2008 20:44:56 GMT - Yahoo! News: Business - European Economy
    World - Friday (Investor's Business Daily)
    Investor's Business Daily - The European Union tightened trade sanctions vs. Iran for defying int'l demands to freeze uranium enrichment. France, which holds the rotating EU presidency, said European gov'ts would watch financial groups doing business with Iranian banks and step up checks on ships and planes traveling to Iran. -- read full article
    Fri, 08 Aug 2008 22:47:21 GMT - Yahoo! News: Business - European Economy
    IBD's Top 10 - Friday (Investor's Business Daily)
    Investor's Business Daily - 1 The euro dived 2.96 cents to $1.5016, its biggest 1-day slide in nearly 8 years. The dollar surged to its best in Tokyo in months and its best vs. the pound in over a year. The dollar's comeback took off Thu., when ECB's chief warned euro zone growth will be "particularly weak." The U.S. economy is sluggish, but the rest of the world -- especially Europe -- is slowing as well. -- read full article
    Fri, 08 Aug 2008 22:52:56 GMT - Yahoo! News: Business - European Economy
    London shares slip (AFP)

    Traders outside the London stock exchange. The FTSE 100 index of top companies stood at 5,5470.90 points, a loss of 0.12 percent, weighed down by losses to heavyweight mining shares.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of top companies stood at 5,5470.90 points, a loss of 0.12 percent, weighed down by losses to heavyweight mining shares.


    -- read full article
    Fri, 08 Aug 2008 13:25:43 GMT - Yahoo! News: Business - European Economy
    Dollar surges vs euro, trades at multi-month highs (Reuters)

    A businessman passes an electronic board displaying the yen's exchange rate against the dollar in Tokyo August 6, 2008. (Yuriko Nakao/Reuters)Reuters - The dollar surged against the euro on Friday and was on track for its biggest one-day gain in about five years as evidence mounted the U.S. economic slowdown is spreading to the euro zone and around the world, damping the prospects of interest rate increases.


    -- read full article
    Fri, 08 Aug 2008 16:25:02 GMT - Yahoo! News: Business - European Economy
    Dollar soars higher on euro zone woes (AP)
    AP - The dollar soared Friday in what analysts are calling a game-changing move as concerns about the deteriorating euro zone economy gripped investors and commodities sold off. -- read full article
    Fri, 08 Aug 2008 16:33:19 GMT - Yahoo! News: Business - European Economy
    ECB holds rates, says growth risks starting to grip (Reuters)

    Jean-Claude Trichet, President of the European Central Bank (ECB) addresses the media during his monthly news conference at the ECB headquarters in Frankfurt, August 7, 2008. (Alex Grimm/Reuters)Reuters - The European Central Bank left interest rates unchanged on Thursday and insisted inflation was still its key fear even though risks to growth were taking hold, prompting markets to scrap bets on rates rising again this year.


    -- read full article
    Thu, 07 Aug 2008 15:51:51 GMT - Yahoo! News: Business - European Economy
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