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Example Headline of Genre for Date
UK home repossessions up 12 pct in 3Q from 2Q
AP - Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market.
Greece: economy to slow to 2.7 pct growth in 2009
AP - Greece's economy will slow to a 2.7 percent growth rate next year as the global economic crisis takes its toll, the conservative government predicted on Friday.
Euro edges higher against dollar
AP - The euro edged higher against the U.S. dollar in European trading on Friday, recovering some losses from the previous day, when American unemployment data hit a 16-year high and economists warned more layoffs were likely.
US dollar down, gold up in Europe
AP - The U.S. dollar was mostly lower against other major currencies in European trading Friday morning. Gold rose.
Michael Jackson's assistant: Sheik gave him gifts
AP - Michael Jackson's former personal assistant told a British court Friday that a Bahraini sheik who is now suing the singer was a generous friend, eager to give Jackson money and other gifts.
Report: 215,000 German jobs threatened by crisis
AP - The German economy could lose up to 215,000 jobs in 2009 amid the global economic crisis, Germany's Bild newspaper said Friday, citing a survey it compiled.
French consumer spending slides in October
AP - French consumer spending, the main driver of growth in the euro zone's second-largest economy, fell abruptly in October, suggesting France may yet follow its neighbors Germany and Britain into recession.
Ford 'wants 40bn euros in EU loans' for industry
AFP - The European Union should make around 40 billion euros (50 billion dollars) in loans available to the continent's ailing auto sector, the head of Ford Germany said in comments published Friday.
Netherlands: ABN-Fortis won't be sold before 2011
AP - The Dutch government named former finance minister Gerrit Zalm as chief executive of the recently nationalized ABN Amro and Fortis banks on Friday, and said the combination will not be privatized before 2011.
ECB rate setters point to another rate cut in Dec.
AP - The chances of another interest rate cut by the European Central Bank increased Friday after some of the bank's governors said borrowing costs may have to fall further to offset a worsening economic outlook and dropping inflation.
Hypo Real Estate to receive euro20 billion loan
AP - Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil.
Germany's LBBW to receive euro5 billion injection
AP - Landesbank Baden-Wuerttemberg, Germany's largest state bank, said Friday it would receive a euro5 billion ($6.3 billion) cash injection from its shareholders and that it expected a loss in 2008 as the financial crisis takes its toll.
British PM Gordon Brown: No early election
AP - British Prime Minister Gordon Brown said Friday he is not planning to call an early national election to capitalize on his widely praised handling of the financial crisis.
Balkan leaders hold regional economic summit
AP - Croatia's president urged Balkan leaders on Friday to boost economic cooperation as a means of limiting regional fallout from the global economic crisis.
IMF ready to help Latvia in economic crisis: IMF chief
AFP - The International Monetary Fund is 'ready to rapidly assist' Latvia deal with its economic crisis, in close cooperation with the European Union, IMF chief Dominique Strauss-Kahn said Friday in a statement.
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