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LONDON (AP) — Greek shares outperformed their European counterparts Tuesday amid mounting hopes of a breakthrough in the country's tortuous discussions with creditors. Elsewhere, profit-taking and jitters ahead of a run of U.S. data and the start of the Federal Reserve's latest policy meeting kept sentiment in check.
By William Schomberg and David Milliken LONDON (Reuters) - Britain's economy slowed sharply in the first three months of 2015, a setback for Prime Minister David Cameron who has staked his campaign for re-election next week on the strength of the recovery. Gross domestic product grew by 0.3 percent in the January-March period, the slowest quarterly rate since the end of 2012 when there were fears Britain was heading into recession. "The future of our economy is on the ballot paper at this election," he said. "With rising instability abroad, now is the worst possible time to vote for instability at home." But the opposition Labour Party seized on the data to challenge the Conservatives' claim to be trustworthy guardians of the economy.