Belfast Telegraph

'Eurozone crisis is draining confidence'

A leading recruitment firm warned the eurozone crisis was draining confidence across most of its markets.

Michael Page International, which employs 1,400 people in the UK, said the tough conditions meant it would miss City forecasts for annual profits.

The company said: "Since October, markets have continued to weaken as the eurozone crisis and the lowering of GDP forecasts have reduced client and candidate confidence levels".