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Bankia Bailout Bad For The Euro

posted by Avatar forexalliancecom 362 days ago in EUR, Fundamental, Special made popular 362 days ago

Recent commitments by Madrid’s government to bailout Bankia has raised concerns and fears that another leg lower in the Euro against the dollar is coming. Although Spain has committed to about 19 billion euros or roughly $24 billion to recapitalize and clean up Bankia’s balance sheets
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