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Yahoo! News: Business - European Economy Updated : Fri, 21 Nov 2008 22:28:18 GMT EU calls for boost in public spending, tax breaks (AP) AP - The European Commission urged the 27 EU governments Friday to boost public spending and provide tax breaks to help industry overcome the accelerating economic slowdown that has already pushed several countries into a recession. Publ.Date: Fri, 21 Nov 2008 16:41:32 GMT Source: Yahoo.com Germany's LBBW to receive euro5 billion injection (AP) 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. Publ.Date: Fri, 21 Nov 2008 17:32:42 GMT Source: Yahoo.com Balkan leaders hold regional economic summit (AP) 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. Publ.Date: Fri, 21 Nov 2008 22:28:18 GMT Source: Yahoo.com ECB rate setters point to another rate cut in Dec. (AP) 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. Publ.Date: Fri, 21 Nov 2008 16:12:57 GMT Source: Yahoo.com UK electronics retailer DSG's shares jump (AP) AP - Shares in DSG International PLC rose 21 percent Friday from a 20-year low after Credit Suisse raised its rating of the stock to "outperform" on the basis that market concern over the economic slowdown had left the stock too cheap. Publ.Date: Fri, 21 Nov 2008 18:15:52 GMT Source: Yahoo.com

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