Business sentiment rose in both Germany and France according to recent monthly surveys, pushing the dollar to new lows and bolstering support for the eurozone economic outlook. Although European banks have been damaged by the sub prime crisis, the recent business sentiment surveys indicate it may have limited effect on the eurozone economy. This may be in part due to Germany's smaller financial sector and limited exposure to the great uncertainty in markets in the U.S. and U.K.

Snapshot asks, how will Europe weather the financial crisis?

Financial Times - Short View VIDEO
CESifo - Ifo Business Climate Germany
BNP Paribas - Eurozone: Growing Divide
INSEE - Monthly business survey France
Bloomberg - Germany Equity Preview