New bailout fears for Italy and Spain

It is feared new and bigger euro area bailouts may soon be needed.

New bailout fears for Italy and Spain
Wed, 03 Aug, 2011 - 08:45

It is feared new and bigger euro area bailouts may soon be needed.

Italy's Finance Minister is holding emergency talks in Luxemburg this morning with the Eurozone Chief Jean Claude Juncker, as the country faces continuing pressure on international money markets due to its debt levels.

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