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The PIIGS Get Slaughtered in Europe

  • 18.07.2011
  • By John Carney, cnbc.com
EU

The sun has set on Europe.

And not a moment too soon. If not for the close of markets today, things might have become even uglier.

The 10-year bonds issued by Spain and Italy fell dramatically today, to the lowest levels since the single currency was introduced into the European Union...

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