Credit Squeeze Takes Hold in Europe.

Dominique Boudier, who runs a printing business outside Paris, received a letter from a key supplier last Friday that her credit line of 20 million euros was being cut in half, effective immediately. When Ms. Boudier picked up the phone to find out why, she was told that the supplier's credit insurance company had ordered the clampdown. On Monday, Ms. Boudier's main supplier followed suit, effectively paralyzing her business. [ABSTRACT FROM PUBLISHER]