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Old 11-29-2012, 12:39 AM   #1
carlsberg21

Join Date
Oct 2005
Posts
475
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Default Spain's bailed-out banks to cut balance sheet by 60 pct in restructuring plan ... - Washington Post

Washington Post
LIFELINE: European Union authorities approved the payment of €37 billion ($47.96 billion) in bailout loans to four of Spain's struggling banks — provided each of them cut their loans and investments by 60 percent. THE NUMBERS: The plan cleared ...




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How can they justify this?
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