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Can Spain avoid a bailout?

PUBLISHED ON: September 27, 2012 | Duration: 5 min, 11 sec

  
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Squeezed by financial markets and denounced in the streets, Spain's government unveiled on Thursday a 2013 austerity budget, which could be a precursor to a full-blown bailout. Eoin Treacy, global strategist at Fullermoney.com, explains the key points given in the budget and discusses whether the bailout can be avoided.
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