European economy has all but stalled, report says (AP)

[TimesTen]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20111115/ap_on_bi_ge/eu_europe_economy"><img src="http://d.yimg.com/a/p/ap/20111115/capt.2c30325d59584e9fae90f6ce3a823c19-9e5fbb8150fe4f5489ed9556135a08e3-0.jpg?x=92&y=130&q=85&sig=E9CniQYlXp4ANJ5EYuJ9XA--" align="left" height="130" width="92" alt="Customers look for bargains at a street market in Milan, Italy, Tuesday, Nov. 15, 2011. Both the center-left Democratic Party and ex-Premier Silvio Berlusconi's Peoples of Liberty party said they fully backed Italy's premier-designate Mario Monti. But investors worried that they might pull their support in the future if austerity measures proved unpalatable, undermining the success of much-needed reforms. That prospect weighed on Italy's markets, with the yield on the 10-year bonds jumping again by 0.44 of a percentage point to 7.02 percent. Last week's spike above 7 percent raised fears Italy would eventually need a bailout like Greece. (AP Photo/Antonio Calanni)" border="0" /></a>AP - Europe appears headed for a recession — if it isn't in one already.</p><br clear="all"/>

 

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