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Finland is negotiating to receive shares in Spanish banks as collateral for the country's...
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Thursday, July 12, 2012, 6:17 AM ETFinland is negotiating to receive shares in Spanish banks as collateral for the country's participation in the bailout of those banks, Finance Minister Jutta Urpilainen said yesterday. Other eurozone nations "have no alternative but to accept" the demand from the Finns, who received security for loans to the EFSF bailout fund for Greece's second rescue.
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