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Monday, October 15, 2012

The Eurozone Readies Its Big Bazooka

Spain appears ready to ask for a bailout next month, as the eye of the financial storm engulfing the Eurozone moves from Greece to Spain.

According to Eurozone insiders, quoted by the Telegraph, the bailout will be bundled together with a revised loan programme for Greece and a bailout for Cyprus.

Maybe this is the big bazooka that the politicians have been blathering about for the last two years?

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