Microsoft just recently slashed the price of all three Xbox 360 models in North America and Japan, but Europe? Nothing yet! Emphasis on “yet,” as a rumor has surfaced alleging that Microsoft plans to announce a 360 price cut in Europe next week on September 22.

If true, the Arcade, Premium and Xbox 360 Elite consoles will be dropping to GBP 129.99, GBP 169.99 and GBP 229.99 respectively later this month in Euroland. Considering the positive impact the price cuts have had here in the states sales-wise, it’d likely be in Microsoft’s best interest to make this announcement as soon as possible.

Euro 360 price cut next week? [Gamer.tm]

Read more: Dismal April PS3, 360 Hardware Sales May Force Price Cuts, Says Analyst, Pachter: U.S. Xbox 360 Price Cut By Xmas, Rumor: Xbox 360 To Receive Price Cut In July, Microsoft Xbox 360 Sales Double Following Price Cut, Rumor: Xbox 360 To Recieve Price Cut This Month In Euroland