Possible good news for our European friends this morning, as Tech Radar is reporting that Xbox 360s will be getting an across-the-board 50 Euro price cut on every SKU on March 14. Their information, while not confirmed by Microsoft, reportedly comes from "numerous well-placed games industry sources," and has been corroborated with European retailers.

That would bring the price of a 360 to € 250 ($380) and the Arcade pack to around €197 ($300). As a basis for comparison, the Wii is available for around € 234 ($356) on Amazon's UK site, while the 40GB PS3 comes in at €370 ($563). While not necessarily a great sign for how the 360's faring across the pond, it's at least good news for our European friends who've still yet to see what the whole Halo 3 craze is about.

We'll let you know if we hear anything more definite.

This article was originally published on Joystiq.