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EU aid may weaken Euro: Macquarie
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EU aid may weaken Euro: Macquarie
6:53
Published On: May 11, 2010
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Richard Gibbs, global head at Macquarie Securities, says as a consequence of EU's $1 trillion rescue package, "we are steadily devaluing the Euro". On a positive note, the package might raise its competitiveness, he adds.
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