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Spain Has No Choice Over its Economic Future

Fri 20 Jul 12 | 02:30 AM ET
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Spain Has No Choice Over its Economic Future

Fri 20 Jul 12 | 02:30 AM ET
As economic and social tensions -and not to mention borrowing costs- reach boiling point in Spain, Spain needs to introduce even more fiscal measures if it is to regain solvency - and frankly, the country doesn't have much of a choice, Antonio Garcia Pascual, chief southern European Economist at Barclays, told CNBC.

 
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