Friday, June 1, 2012

Spain tries to calm investors amid market pressure

Spain insisted Friday it is financially stable because its heavily indebted regions are now meeting deficit reduction targets, but investors remained worried about the country's ability to rescue another part of its financial system - the banks - and kept the government's bond yields dangerously high.

http://www.google.com/hostednews/ap/article/ALeqM5g28AHvvnVtgCum5heUnIp13XF7lQ?docId=128b65d6dc0b4108a96d4011b8b51468

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