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Emerging markets won't see recession: Eoin Treacy

PUBLISHED ON: June 13, 2012 | Duration: 5 min, 40 sec

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Eoin Treacy, fullermoney.com, says there are risks to global growth and this will lead to a knock-on effect on the emerging markets. He says the emerging markets, which are today the leaders in economic growth, will not suffer from the recession. Italy, which has a banking sector larger than that of Spain, will inevitably need a bailout, he adds.
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