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Inflation / Christmas In Europe #29833

ABC Evening News for Wednesday, Dec 25, 1974
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(Studio) Worldwide inflation dampens spirit of Christmas in Europe.
REPORTER: Harry Reasoner

(London, England) Inflation running at 18%. Britons react to economy and Christmas. Gasoline now priced at $1.70 gallon; Christmas travelling to be difficult. British consumers refuse to let economy ruin Christmas.
REPORTER: Jerry King

(Paris, France) Paris not filled with decorations because of energy crisis. Food shops doing very well. French people buying more than last yr. Many Frenchmen expected to take skiing vacation this Christmas.
REPORTER: Lou Cioffi

(Bonn, West Germany) Germans worry about future; react to Christmas buying. Unemployment up.
REPORTER: Don Farmer

Cioffi, Lou;
Farmer, Don;
King, Jerry;
Reasoner, Harry

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