December 2, 2011 12:23:45 PM CET
I fear that the situation will deteriorate dramatically in 2012 if the euro crisis continues. Most smaller businesses still have a layer of "fat" on their body's and are making profits but they're beginning to worry. The larger companies however are restructuring like crazy right now and have been doing so for the past 4 years. I work for an insurance company and just lost 15 colleagues this month(12 fte), all of them with permanent contracts. One of them with 41 years of service. Unprecedented scene to me and so is this world economic crisis. I cannot see the end of this.