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Southern Europe gets unexpected lift from oil slide

Countries in region gain economically from the plummeting price through lower energy costs and increased buying power for consumers

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The plunging oil price is giving an unexpected lift to Europe's crisis-battered southern periphery as decreasing fuel costs help spur demand.

Berlin

THE plunging oil price is giving an unexpected lift to Europe's crisis-battered southern periphery as decreasing fuel costs help spur demand.

Spain, Europe's fourth-largest economy, could add as much as one per cent to annual growth with oil prices between US$80 and US$90 a

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