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Monday, April 16, 2012

''Spain, Italy slide further into euro zone crisis''

From Reuters


"Spain and Italy faced growing market pressure on Monday, stoking fears of a new phase in the euro zone debt crisis as Madrid's budget problems threatened to drag in other southern European economies.

Yields on Spanish 10-year bonds have climbed over 6.1 percent, nearing levels that caused general market panic when Italy was in the same position late last year."

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