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Investor fears hit Spanish bonds as Bankia shares drop
BBC – Investors are judging Spain’s debt as the riskiest it has been as fears grow over the health of the country’s banking sector. The premium for Spain’s 10-year bond over its German equivalent rose to 5.05 percentage points, the highest since the euro was formed. While most European shares gained, Spanish and Greek stocks fell. Read Article
Tags: banks, debt wealth, Europe, financial system
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