Economy looking grim over there:
Highlights
| European Investor Confidence Declined in July, Sentix Says |
| Germany Expects 450,000 New Long-Term Jobless in 2010, FAZ Says |
| Stark Says Governments Must Trim Budget Deficits, FAS Reports |
| Nowotny Says ECB to Watch Bond Program, Review Later |
| EU’s Barroso Says World Needs a Number of Stable Currencies |
| Spain’s Housing Slump May Last for Seven Years, Acuna Says |
| European Notes Gain as Stock-Market Decline Spurs Safety Demand |
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