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EuroGroup Needs to Work on Sovereign Yields: Economist

Mon 09 Jul 12 | 02:00 AM ET
"We got the optimistic reaction to the summit last week, simply because there were two steps mentioned that brought things forward, most important was the idea of a sharing of the debt burden on the banks," Peter Westaway, chief European economist at Vanguard Asset Management, told CNBC.
 
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