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451. Weak Demand to Push Oil Prices Down in 2013
Rising non-OPEC supply and weak demand growth will exert downward pressure on oil prices in 2013, Centre for Global Energy Studies stated.
452. German Consumer Confidence to Dampen Ahead of Christmas
German consumer confidence, now close to a five-year high, will dampen slightly in the Christmas season as people fear that wider eurozone troubles will hurt their incomes, a survey found Monday.
453. Eurozone Ministers Optimistic on Striking Greek Aid, Debt Deal
Eurozone finance ministers said Monday they were within "centimetres" of a deal that would allow the release of a new tranche of aid for Greece.
454. FTSE-100 Index Tepid, Footsie Held Back by Greece
The FTSE-100 index finished just 3.93 points higher at 5752.03 after eurozone finance ministers were unable to reach a deal to give Greece the next tranche of its emergency aid.
455. Eurozone Ministers Meet to Plug Greek Bailout Holes
Eurozone finance ministers downplayed expectations that they would be able to strike a definite deal on Greece's bailout, as they gathered in Brussels for a meeting expected to release a new aid tranche.
456. Fight Looms on Greek Euro Delay
The explosive issue of who will pay for a two-year extension to Greece's deficit-reduction program will confront eurozone finance ministers on Tuesday.
457. Amount of Bad Loans Hits New Record in Spain
The share of bad loans on Spanish banks' balance sheets rose in September for the 18th consecutive month, the Bank of Spain said Monday.
458. Europe Confirms Double-dip Recession
Europe has been in the second leg of a double-dip recession for nearly a year, officials announced Wednesday -- a development that hardly comes as a surprise to the millions of workers protesting record-high unemployment in the streets of Athens and Madrid, or to many U.S. corporations with slumping sales on the continent.
459. Eurozone Lurches Back Into Recession in Q3
The eurozone lurched back into recession during the third quarter of the year, data released Thursday showed, amid warnings that the downward spiral in the crisis-hit currency economy could deepen in the coming months.
460. Greece Forced to Borrow as It Awaits Crucial Bailout
Greece was forced to borrow from markets on Tuesday, raising $5.15 billion from the sale of short-term treasury bills, as it continued to wait for a crucial bailout installment.
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