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Spain is in a Recession: Solveen

Fri 11 Jul 08 | 03:20 AM ET
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Spain is in a Recession: Solveen

Fri 11 Jul 08 | 03:20 AM ET
Spain suspended an auction of 15-year bonds on Thursday, citing free-falling economic indicators and a soaring unemployment rate. Dr. Ralph Solveen from Commerzbank cites reasons why he believes the country is already in a recession.

Topics:

Europe (West)  | Real Estate  | Stock Market
 
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