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German business morale up again as prospects brighten
German business morale up again as prospects brighten
by  AFP

German business confidence improved for a third straight month in December, a key survey showed Monday, the latest sign a downturn in Europe's top economy may be milder than feared. "German business is entering the holiday season with a sense of hope."

Italy partly bows to EU over card payments
Italy partly bows to EU over card payments
by  AFP

Italy's new hard-right government has abandoned plans to allow merchants to refuse card payments under 60 euros ($64), following pressure from the European Union.

Ghana suspends part of foreign debt payments
Ghana suspends part of foreign debt payments
by  AFP

Ghana suspended payments on part of its foreign debt on Monday as the country undertakes debt restructuring in line with a bailout deal with the International Monetary Fund (IMF). The government has already announced a domestic debt swap as part of the programme to ease a crunch in payments and was soon expected to release details about restructuring foreign debt. str-joa/pma/rl

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