With the recent price reduction on Xbox 360 in the US, it was only a matter of time until Europe followed and this morning Microsoft confirmed the new price levels for Europe as follows:
Xbox 360 Arcade EUR 179.99 / GBP 129.99 / 1799 SEK
Xbox 360 Premium (60 GB) EUR 239.99 / GBP 169.99 / 2499 SEK
Xbox 360 Elite (120 GB) EUR 299.99 / GBP 229.99 / 2999 SEK
The Xbox 360 is now without any doubt the cheapest current generation console you can buy in Europe. The question is whether it can turned the tide in the European countries where Microsoft have been struggling so far this generation.