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1.Market Observations

13 July 2011 – Urgent action necessary in Europe

(AFR, 13 July 2011, p23, Glenn Mumford)
“Adding Italy to the list of “at risk” sovereign debtors has ensured a heightened sense of urgency to resolving what is becoming a major global headache.”

“Greece has always been something of a low priority for most Europeans. When we start talking Italy, we’re talking an economic heavyweight…”

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