EU production grows in '08


The credit crunch might be putting the squeeze on buyers at Cannes, but there is no sign of a slowdown on the European production market.

According to official figures released by the European Audiovisual Observatory, there were 1,145 feature films produced in the European Union last year, up 10.8% from a year earlier.

Production volume rose sharpest in Italy, which saw a 37% uptick from 2007.

France takes the European crown with 196 features last year, followed by Germany with 151. (partialdiff)