Europe ETFs Hit By Credit Crisis, and They Aren’t Happy

Like many areas around the globe, Europe is getting crunched hard by the credit crisis, and exchange traded funds (ETFs) focusing on this region are suffering. Figures released in mid-August showed that the euro-zone economy shriveled to an annualized rate of 0.8% during the second quarter. It was the biggest reversal since 2001. Purchasing and manufacturing data [...]