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Europe closes with middling gains, giving up a little ground late as Spain begins to unveil its...

Europe closes with middling gains, giving up a little ground late as Spain begins to unveil its 2013 austerity budget. At this point, it's nothing but a lot of talk and confirmation of information previously leaked. Sure to inspire confidence, there will be 43 new laws aimed at improving the health of the economy, says the deputy PM. Stoxx 50 +0.3%. Madrid leaks into the red, -0.2%.
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