LONDON ( The Deal) -- Major European indices were mixed on Tuesday as equity markets' so-called Santa rally abated, while Greek stocks tumbled as the country's beleaguered prime minister failed in a new attempt to avert a political crisis.
In London, the FTSE 100 was up 0.15% at 6,586.87. Data confirmed that the U.K. economy had expanded 0.7% in the third quarter, but the Office for National Statistics cut the year-on-year growth rate to 2.6% from 3%. In Frankfurt, the DAX slipped 0.12% to 9,853.65 and in Paris the CAC 40 climbed 0.23% to 4,264.60.
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The Athens Stock Exchange General Index pared earlier losses to trade down 1.66% after Greek Prime Minister Antonis Samaras failed for the second time to secure lawmaker support for the election of Stavros Dimas as president and avoid a snap general election that investors fear could usher in the radical, anti-austerity Syriza party as the lead party in a coalition. He gets a third chance on Dec. 29, with a lower approval threshold of 180 votes of the 300 lawmakers necessary, down from the 200 that Samaras failed to achieve Tuesday.
Meanwhile, international leaders including Russian President Vladimir Putin, German Chancellor Angela Merkel and French President Francois Hollande agreed to restart stalled Ukrainian peace talks.
In London, confectionary group Thorntons (THTPF) fell more than 20% after its said full-year profit would come in lower than last year's 7.5 million pounds ($11.7 million) because of a decline in second-quarter revenue.