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Another Weak Link in the Euro Zone; Europe's Troubled Regions
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 404 no. 8795 (Jul. 2012)
,
page 39-40.
Topik:
Bail-out
;
Financial Crisis
;
Euro-zone Crisis
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.72
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The loan package was meant to fix Spain's Woes. But on July 20th, as the euro zone agreed a bail-out of up to €100 billion ($121 billion) for its troubled banks, the country's borrowing costs rose dizzily. Five days later the yield on ten-year bonds hit an unsustainable 7.75%, while Madrid's stock exchange plunged to the levels of March 2003. Talk of a bail-out for the euro zone's fourth-biggest economy grew louder. It would cost a frightening €385 billion to end of 2014.
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