Euro Zone's retail sales posted 0.4% decline in December

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Source: Marketawtch
The retail sales in the Euro Zone faced 0.4% in December despite holiday shopping period, reported the Eurostat. Experts expected the sales to advance by 0.2% in December. Considering yearly changes, the retail sales dropped by 1.6% in December, confronting the expected 1.3% annual fall.
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Fri, 03 Feb 2012 12:49:56 GMT

Business activity in the Euro Zone stable in January

The Euro Zone's business activity was stable in January, indicating a slight expansion after falling for four consecutive months. The final Markit Euro Zone's PMI edged up to 50.4 last month as compared to 48.8 in the preceding month. Higher growth was observed in France and Germany while Italy, Spain and Ireland weighted down on the business activities' expansion.

Fri, 03 Feb 2012 13:05:35 GMT

Wen Jiabao considers contributing to Euro bailout packages

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