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New crisis “game changer” for Eurozone
12 July 2011
Citi warns that official inaction has allowed crisis to spread to the ‘soft core’ economies, reports Alastair O'Dell
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Greece
Italy
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Citi
The latest episode of the Eurozone sovereign debt crisis signals a fundamental change to a more serious second phase, according to Citi.
In recent days, the euro and capital markets have fallen on concern that the group of Eurozone countries embroiled in the sovereign bond crisis is widening. Citi characterises the market movements since last Friday as the crisis moving...
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