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Europe’s rescue euphoria threatened as Portugal enters ‘Grecian vortex’–...

Monetary contraction in Portugal has intensified at an alarming pace and is mimicking the pattern seen in Greece before its economy spiralled out of control, raising concerns that the EU summit deal...

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20 Banks That Will Get Crushed If The PIIGS Go Bust

Now it looks like Commerzbank could be the next bank to fall in the crisis, which we found to have exposure to the PIIGS second only to Dexia of non-peripheral European banks in this exposure stress...

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