Businesses across the euro zone suffered their worst month since the bloc emerged from the last recession in October, forcing them to slash their workforces to reduce costs and cut prices to drum up business, surveys showed on Wednesday. HOWARD ARCHER, ECONOMIST, IHS GLOBAL INSIGHT “The euro zone downturn is, if anything, deepening rather than easing. Consequently, it already looks highly likely that the euro zone is headed for further economic contraction in the fourth quarter after GDP highly likely fell for a second successive quarter in the third quarter (we estimate a drop of 0.2-0.3 percent quarter-on-quarter).” “The weakness [...]