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By Marlene Y. Satter, AdvisorOne |
April 30, 2012
Although the numbers showed that Spain entered a recession in the first quarter, its economy shrank less than expected and that seemed to be enough cause for investors to celebrate.
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By John Sullivan, AdvisorOne |
April 19, 2012
IMF managing director said that she expects more contributions on top of the $320 billion raised
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By Marlene Y. Satter, AdvisorOne |
April 16, 2012
The euro fell against its peers for the second day in a row on Monday in advance of planned Spanish debt sales, and fell below $1.30 for the first time in two months in morning trading.
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By Gil Weinreich, AdvisorOne |
April 5, 2012
Bill Gross put Spain's failed bond auction in perspective: “Greece was a zit, Portugal is a boil, Spain is a tumor. You can’t fix a debt crisis with austerity and more debt.”
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By Marlene Y. Satter, AdvisorOne |
March 29, 2012
Spain was disrupted by labor union strikes on Thursday in protest against labor law changes pushed through by Prime Minister Mariano Rajoy. The changes dismantle the nationwide collective bargaining system and make it easier to fire workers.
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By Marlene Y. Satter, AdvisorOne |
February 17, 2012
Jeffrey Kleintop, chief market strategist for LPL financial, says he believes that a Greek default and departure from the eurozone will not take a terrible toll on markets, because many institutions have had ample time to divest themselves of some of their Greek debt.
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By Marlene Y. Satter, AdvisorOne |
February 14, 2012
Even as it has lost patience with Greece over what it sees as inadequate and halfhearted attempts to implement austerity, the EC has a bone to pick with the new Spanish government, which it will likely sanction over a number of issues.
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By John Sullivan, AdvisorOne |
March 24, 2011
Ratings agency acted two weeks after downgrading Spanish government debt.