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US Housing Price Index (MoM) (December): 0.8% vs -0.1% (November)

European Commission raises Eurozone growth outlook

According to the spring growth forecasts released on Tuesday by the European Commission, the euro area economy should expand by 1.2% in 2014 and by 1.8% in 2015, which in both cases is 0.1% higher than the previous projections.
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