Europe's Christmas shopping season may be a bit less than merry this year. The overall economic outlook is suddenly taking a turn for the worse, as the rising euro chokes growth, and business and consumer confidence across the Continent is weaker than was expected even two months ago. Retailers in Britain are bracing for the worst December in a decade, according to a survey released last week by the Confederation of British Industry; just 12% said they expect sales to be good. In France, shopper sentiment has also slid sharply since September. Some countries'...
To continue reading:
or
Log-In
