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Spain’s Bailout Raises Questions, Reflections
Posted June 11th, 2012 by Hideyuki Murakami
On Saturday, Spain’s Finance Minister Luis de Guindos announced that, in an emergency meeting, Eurozone and other European financial leaders agreed to a €100 billion bailout of private Spanish banks. While Spanish Prime Minister Mariano Rajoy, Japanese Finance Minister Jun Azumi, and U.S. Treasury Secretary Timothy Geithner rallied to sing the plan’s praises, German Chancellor [...]
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