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Thursday, November 15, 2012

Greek debt writedown probable, Spain needs bailout


Greek debt writedown probable, Spain needs bailout - ECB's Coene
Reuters
BRUSSELS Nov 15 (Reuters) - Resolving Greece's problems will probably require a writedown of at least part of its debt, and Spain urgently needs to seek a bailout, European Central Bank Governing Council member Luc Coene was quoted as saying.

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READ THE ORIGINAL POST AT www.reuters.com