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Tag Archives: Crhistian Democrats CDU

As Spainish Banks Collapse, German FinMin Blames Greece

Euro zone’s fourth biggest economy is collapsing. In a dramatic appeal Spanish Treasury Minister Cristobal Montoro signaled on Tuesday that the credit markets are shut for Spain and that the debt-ridden country cannot borrow money anymore. Prime Minister Mariano Rajoy is claimed to press for a direct European rescue package to save his …

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