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Markets Remain Pressured by Eurozone Situation. Italian Banks Downgraded
Financial markets continued the same pessimistic tone, mainly driven by the situation in the Eurozone. The same deadlock remained in Greece with no progress in the formation of a coalition government....
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Spanish, Italian Yields: All Is Not Well
The bank bailout in Spain will add debt to the government’s books, which makes already unattractive Spanish debt even less attractive. The loans for the bank bailout have seniority over Spanish...
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