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Old 19-04-2011, 16:16   #44
Osem
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Re: Debt crisis hits Greece, Spain & Portugal

.......and in other news:

Quote:
Credit ratings agency Moody's has downgraded its rating of Irish banks to junk status, adding renewed pressure on the eurozone's weaker countries.
http://www.bbc.co.uk/news/business-13112488

and:

Quote:
Fears that Greece will have to restructure its massive debts have persisted despite official denials. Investors are demanding a higher rate of return for lending Greece money in a sign of continuing concern about its debt crisis
http://www.bbc.co.uk/news/business-13130075

Yet, still there are people in denial about just how serious this whole thing is and that it could happen here unless we get to grips with our spending...
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