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Wednesday, July 25, 2012

Schaeuble Declares Markets Wrong as Europe Heads to Vacation - Bloomberg

Schaeuble Declares Markets Wrong as Europe Heads to Vacation - Bloomberg

"German Finance Minister Wolfgang Schaeuble declared bond traders all wrong in driving up Spanish borrowing costs to unsustainable levels.
After issuing the statement late yesterday, Schaeuble, 69, went off duty for a three-week vacation."

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