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Tuesday, November 30, 2010

Euro Worries Persist

The Euro continues to take a battering, as markets focus on the structural problems of the Eurozone.

The focus is now on the Spanish and Italian economies, and their ability to roll over their debt.

Were either Spain or Italy to need a bailout, the ability of the Eurozone to provide the necessary funds is in doubt. Needless to say the real danger is that the requirement for a bailout of these two countries, now that the markets are focusing on them, is becoming a very real possibility.

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