Eurozone prices fall fuelling deflation fears

The eurozone slipped into deflationary territory in December for the first time since the height of the financial crisis in 2009, EU figures showed Wednesday, challenging the ECB to take action to avert a new economic crisis in Europe. Consumer prices in the single currency area fell 0.2 percent last month, dragged down by plummeting oil prices and signalling big problems ahead with renewed crisis in debt-plagued Greece also on the horizon. Amid the instability, the first confirmed sign of a rea