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Austerity Does Not Help Euro Zone | |
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April 07, 2011 After months of speculation, Portugal last night accepted what many had claimed has been inevitable since the fourth quarter of 2009 and went cap in hand to the European Union as its borrowing costs became unsustainable following another big jump in yields. Source: http://www.cnbc.com/id/42467287?__source=RSS*tag*&par=RSS |
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