Δευ, 6 Οκτωβρίου 2008 - 12:26
European stocks tumbled Monday amid heightened anxiety about the state of the global economy.
"We now believe national recessions in the US and the UK will be deeper and longer than previously forecast," said Larry Hatheway, an economist at UBS in London. "For the first time, we also anticipate recession in the Eurozone."