Spanish short-term debt costs reach alarm levels
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Spanish short-term debt costs reach alarm levels

Los Cabos : Mexico | Jun 19, 2012 at 4:11 AM PDT
Source: International Business Times
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Spain paid a euro era record price to sell short-term debt on Tuesday, pushing it closer to becoming the biggest euro zone country to be shut out of credit markets. The soaring borrowing costs highlight the shortcomings of a June 9 euro zone deal to lend Spain up to 100 billion euros ($126 billion) for its... FULL ARTICLE AT International Business Times
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