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Draghi: An uptake from the press conference is that Spain must almost certainly submit for a...

  • Thursday, August 2, 2012, 9:07 AM ET
    Draghi: An uptake from the press conference is that Spain must almost certainly submit for a bailout (and all this entails as far as loss of sovereignty, see Greece). Shares in Madrid are seeing the worst of it, the IBEX -5% - about an 8% reversal of fortune since the press conference started.
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