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Are Spain and Italy in a Debt Trap?

Fri 07 Sep 12 | 02:00 AM ET
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Are Spain and Italy in a Debt Trap?

Fri 07 Sep 12 | 02:00 AM ET
Bob Parker, senior advisor at Credit Suisse, told CNBC, countries like Spain and Italy have agreed deficit targets but the recession shows no sign of turning around, so will those fiscal targets be achieved.
 
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