In spite of everything, always look on the bright side of life.
France cuts frantically as Italy nears debt spiral - Telegraph: France's move came amid a further blizzard of grim data from Europe, confirming that most of the region is already on the cusp of recession. Growth has reached a "virtual standstill", said EU commissioner Olli Rehn. Eurozone retail sales fell 0.7pc in September from the month before. German industrial output plunged 2.7pc, the steepest drop since the depths of the crisis in January 2009. Factory orders fell 12pc.