Gloomy Picture for European Economy?

The Swiss central bank surprised Thursday with a 100 basis-point rate cut amid a deluge of job cuts in the euro zone and pessimism about the global economy. Julian Callow from Barclays Capital and Clemente De Lucia from BNP Paribas discuss the outlook for the European economy.

CNBC | November 20, 2008

Tags:. .deluge. .callow. .pessimism. .gloomy. .barclays capital