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Crisis in the Eurozone: Spanish Bailout for Whom and to What End?

Posted

June 19, 2012

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2,206

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The leaders of the European Union have ordered the Spanish government to accept up to 100 billion Euros in loans to bail out its tail-spinning financial sector, but will this so-called "credit extension" really help pull the economy out of recession and curb soaring unemployment?

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Crisis in the EurozoneEuropean Union

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Crisis in the Eurozone: Spanish Bailout for Whom and to What End? · The Real News Network · Sentinel