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1.Market Observations

25 July 2012 (AFR) – Spain and Greece back in crisis mode

(25 July 2012, AFR, p11,, economics editor, guardian.co.uk, Raphael Minder, Madrid)

Spain in crisis talks with Germany over €300bn bailout

‘Luis de Guindos to meet Germany’s Wolfgang Schäuble over spiralling bond yields in eurozone’s fourth biggest economy.’

Germany‘s finance minister, Wolfgang Schäuble, will meet his Spanish counterpart, Luis de Guindos, for crisis talks on Tuesday amid fears that spiralling bond yields in the eurozone’s fourth biggest economy will force it to seek a €300bn bailout from the European Union and the International Monetary Fund.’

Read more at Guardian.co.uk

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