The Xbox 360 is set to be priced at 399.99 Euro (GBP 279.99) for the full system when it launches in Europe later this year, with the "Core System" pack - which doesn't have a hard drive - selling for 299.99 Euro (GBP 209.99).

News of the European prices came from Microsoft's EMEA Xbox boss Chris Lewis, who was speaking this afternoon at the Game Convention show in Leipzig, Germany.

Lewis confirmed this morning's report regarding the US pricing of the system, as well as details of the two different bundles which will be offered - with the Xbox 360 Core System bundle being the cheaper of the two.

Unlike the more expensive bundle, however, it will lack a hard drive, and will be shipped with a wired controller rather than a wireless version. The premium bundle will also include a Wi-Fi adapter, Ethernet cable and remote control, none of which ship with the basic model.

The Core System will also lack a bundle and the Xbox Live silver service, both of which are part of the premium bundle.

With pricing for the console and details of the two variants now public information, the key remaining piece of information regarding the launch is the date - but Lewis left the audience waiting for that detail, saying only that the console will launch in the Christmas season.