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Friday, November 18, 2011

It will be hard to bailout Italy and Spain | www.commodityonline.com | 3

EU may find it difficult to bailout Italy and Spain | www.commodityonline.com | 3



MADRID (Commodity Online): With Spanish yields hovering around the 7% red zone, investors are now concerned whether Spain together with Italy will crumble upon the weight of its debts. Greek was manageable by the EU but Spain and Italy are beyond the EU's monetary ability, especially with Italy being the world's third largest bond market.
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