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Throughout Europe's debt crisis, northern European leaders have often said they will not stand for taxpayers having to fork out for other countries' problems, and the notion of "taxpayer-funded bailouts" has taken root.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================.
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LONDON, May 7- Naphtha and gasoline cracks edged higher on Tuesday, but the overall demand picture remained weak due to lower U.S. demand for light ends and outages of major petrochemical crackers. Shell's Moerdjik cracker in the Netherlands is expected to resume production towards the end of this week, traders said, after a problem in late April.
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*Analyst recommends Italy over Spain among riskier debt. LONDON, May 6- German Bunds held stable on Monday, with bets that the U.S. economic recovery will regain momentum offseting support from expectations the European Central Bank may ease policy further.
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*Analyst recommends Italy over Spain among riskier debt. By Marius Zaharia and Ana Nicolaci da Costa. LONDON, May 6- German Bunds held stable on Monday, with bets that the U.S. economic recovery will regain momentum offseting support from expectations the European Central Bank may ease policy further.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================. NET PROFIT ITEM bln CZK 07/ 05 CEZ Energy 14.58 Q1 net profit 07/ 05 FORTUNA Entertainment n/a Q1 results 07/ 05 Komercni Banka Bank 3.3 Q1 net profit 07/ 05 Telefonica O2 Telecoms 1.16 Q1 net profit 16/ 05 NWR Mining n/a Q1 results 23/ 05 PEGAS Textil n/a Q1 results 30/ 05 ORCO Real estate n/a Q1 results.
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*Canada fears oil exports could be harmed by EU plan. *Canada sits on world's third largest oil reserves. OTTAWA, May 5- A European Union plan to label crude from the Alberta oil sands as dirty is unfair and could damage Canada's bid to find new export markets, the Canadian resources minister said at the start of a mission to lobby against the idea.
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PARIS, May 5- Europe's move to give France two more years to cut its public deficit to below 3 percent marks the end of the "austerity dogma" in Europe, French Finance Minister Pierre Moscovici said on Sunday.
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Olli Rehn, the European monetary affairs commissioner, said on Friday France badly needed to unlock its growth potential and create jobs, adding Spain, Italy and the Netherlands as well as France- four of the euro zone's five largest economies- would remain in recession this year.
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Olli Rehn, the European monetary affairs commissioner, said on Friday France badly needed to unlock its growth potential and create jobs, adding Spain, Italy and the Netherlands as well as France- four of the euro zone's five largest economies- would remain in recession this year.
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AHB and Aegon Bank are bank subsidiaries of Achmea BV and Aegon N.V. respectively, two Dutch insurance groups. Fitch considers Aegon Bank as a' strategically important' subsidiary of Aegon and, in line with the agency's methodology, the bank's Long-term IDR is notched down once from Aegon's.
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BRUSSELS, May 3- Belgium's economy eked out its first growth for a year at the start of 2013, although barely enough to show it and other core euro zone countries were pulling out of stagnation.
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*Spain, Netherlands, France seen in recession in 2013. BRUSSELS, May 3- France will get two more years to meet its budget deficit target because of the country's poor economic outlook within a recession-hit euro zone, the European Commission said on Friday.
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*Spain, Netherlands, France seen in recession in 2013. BRUSSELS, May 3- France will get two more years to meet its budget deficit target because of the country's poor economic outlook within a recession-hit euro zone, the European Commission said on Friday.
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LONDON, May 2- Differentials for diesel and gasoil eased on Thursday as a recent buying spree cooled with the May Day holiday in most of Europe. Gasoil stocks independently held in Europe's Amsterdam- Rotterdam- Antwerp hub fell 6 percent week on week, data from Dutch oil analyst Patrick Kulsen showed on Thursday. *Morgan Stanley and Vitol sold to Argos and Gunvor.
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SINGAPORE, May 3- The Asian naphtha price rebounded on Friday to a two-session high of $834.50 a tonne but its margin spiralled down for the fourth straight session to hit a fresh nine-month low of $66.28 a tonne on stubborn high supplies.
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BRUSSELS, May 3- France is likely to be given two more years to reach its budget deficit goals, the EU's top economic official said on Friday, following in Spain's footsteps as the euro zone relaxes its strict austerity policies. "In France, the recovery is now expected to be delayed," EU Economic and Monetary Affairs Commissioner Olli Rehn told a news conference. "
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AMSTERDAM, May 3- The Royal celebrations in the Netherlands this week put the country and the capital Amsterdam on front pages and television screens around the world with an orange splash.
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*France seen in small recession in 2013. *France, Portugal, Italy to cut deficits more slowly. France, Spain, Italy and the Netherlands- four of the five largest euro zone economies- will be in recession through 2013, the Commission's forecasts showed, with only Germany, the largest euro zone economy, managing to eke out growth.
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AMSTERDAM, May 3- Dutch life insurer Aegon. The sale of the joint venture stake was part of a restructuring of Aegon's Spanish operations following consolidation of Spain's banking sector, Aegon said in a statement. Aegon will keep operating in Spain through other subsidiaries, it said.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================. NET PROFIT ITEM bln CZK 07/ 05 CEZ Energy 14.58 Q1 net profit 07/ 05 FORTUNA Entertainment n/a Q1 results 07/ 05 Komercni Banka Bank n/a Q1 results 07/ 05 Telefonica O2 Telecoms n/a Q1 results 16/ 05 NWR Mining n/a Q1 results 23/ 05 PEGAS Textil n/a Q1 results 30/ 05 ORCO Real estate n/a Q1 results.