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Spain admits recession worse but gets deficit leeway
ReutersMADRID/BRUSSELS (Reuters) - Spain acknowledged that its economy would shrink more than initially expected in 2013 and its budget deficit would be higher than promised, but the European Union gave it more time to bring the shortfall back down to bloc...Tags: Public Finance, Budgets and Budgeting, European Union, Weather Reports, Mariano Rajoy
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Greece drops plan to raise power prices from May 1
ReutersATHENS (Reuters) - Greece will not need to increase regulated power prices from May 1 as originally planned, because the costs of generating electricity were lower than previously estimated, the energy ministry said on Friday. Under the terms of its...Tags: European Union, Electricity Production and Distribution
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Most French believe Hollande will miss job target - poll
ReutersPARIS, April 26 (Reuters) - An overwhelming majority of French people believe President Francois Hollande's government will fail to reduce record high unemployment this year, a poll showed on Friday. The government is clinging to the Socialist leader's...Tags: Elections, Nicolas Sarkozy, Francois Hollande, Unemployment Benefits, Unemployment
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IMF urges east Europe to tackle bank funding, bad loans
ReutersPRAGUE (Reuters) - Policymakers in emerging Europe should help banks resolve bad loans and find more local sources of funding to avoid the cycle of boom and bust fanned by an ownership model dominated by foreign lenders, the IMF said on Friday. In a...Tags: Finance, European Union, International Organizations, Lehman Brothers Holdings Inc.
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BPI says buffer rule hurts Portugal banks, seeks change
ReutersLISBON (Reuters) - Official efforts to make euro zone banks build bigger buffers against risk are backfiring by preventing them from scaling down exposure to vulnerable sovereign debt, the head of Portugal's Banco BPI told Reuters. Due to the country's...Tags: European Union, European Debt Crisis, Credit and Debt, Government Debt, Portugal
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Czech Republic - Factors To Watch on April 26
ReutersPRAGUE, April 26 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday. ALL TIMES GMT (Czech Republic: GMT + 2 hours) =========================ECONOMIC DATA=========================...Tags: Czech Republic, Prague (Czech Republic), Nuclear Power, Hungary, Amazon.com Inc.
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Europe austerity debate to weigh on Spain's new economic plans
ReutersMADRID (Reuters) - Spain will unveil new economic plans on Friday that government officials say will tread a fine line between growth and austerity. Prime Minister Mariano Rajoy will present a package of reforms he want to have implemented by 2015 in a...Tags: Public Finance, European Union, European Central Bank, Weather Reports, Mariano Rajoy
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PRECIOUS-Gold heads for biggest weekly gain since late 2011
ReutersSINGAPORE, April 26 (Reuters) - Gold rose to its highest in more than a week on Friday, heading for its biggest weekly gain since October 2011, after a surge in physical demand in Asia helped pluck the metal from a 2-year trough. FUNDAMENTALS * Spot gold...Tags: Turkey, Gold and Precious Material, Labor Markets, Japan, Metal and Mineral
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Slovenia delays announcing plan to fend off bailout risk
ReutersLJUBLJANA (Reuters) - Slovenia has delayed announcing a plan to sell its sizeable holdings in state-owned firms, a central part of reforms needed to help the euro zone country stave off a bailout. The finance ministry said it expected to submit a...Tags: Budgets and Budgeting, European Union, Privatization, National Government, International Organizations
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Britain avoids recession with faster than expected growth
ReutersLONDON (Reuters) - Britain skirted a "triple dip" recession by growing faster than expected in the first three months of the year, providing some cover for a government under fire over its austerity drive. The Office for National Statistics said on...Tags: Public Finance, Energy Resources, David Cameron, Global Expansion, England
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CORRECTED-INSIGHT-Ageing deepens debt-laden Europe's economic woes
Reuters(Corrects names in paragraphs 8, 35, 44) * Growth, productivity to suffer as population ages * Demographics to put Europe's social contract under strain * Emigration adds to challenge for likes of Latvia, Portugal By Alan Wheatley, Global Economics...Tags: European Debt Crisis, Germany, Interior Policy, Lisbon (Portugal), Labor Markets
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Egypt president sees 'deep state' as enemy within
CAIRO — President Mohamed Morsi casts himself as a leader navigating a landscape bristling with conspiracies by corrupt businessmen and shadowy figures plotting from inside a vast bureaucracy his Islamist inner circle has been unable to tame....
Tags: Parliament, Elections, Stranger Than Fiction, Justice System, Egypt
Apr 26, 2013
|Story| Reuters
Apr 26, 2013
|Story| Reuters
Apr 26, 2013
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Apr 26, 2013
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Apr 26, 2013
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Apr 25, 2013
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Apr 25, 2013
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Apr 25, 2013
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Apr 25, 2013
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Apr 25, 2013
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Apr 25, 2013
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Apr 24, 2013
|Story| Los Angeles Times
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