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UPDATE 1-Declining January car sales sink European upturn hopes
Reuters: Cyclical Consumer Goods
Fri, 1 Feb 2013
PARIS, Feb 1 (Reuters) - Car sales extended their declines in France, Spain and Italy last month, data showed on Friday, leaving little hope of a European auto market rebound anytime soon.
Germany is hitting negative sovereign yields, while Spanish regions and banks seek financial assistance from their parent country, which needs a bailout of its own.