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German Data Weighs Down Euro
8 Feb 2011 at 9 AM - Written by John Cameron
STORY LINK German Data Weighs Down Euro
Concerns over the servicing of individual nations’ sovereign debts continue for investors in Euro denominated assets. The latest Spanish bond auction has a disappointing uptake and EU Leaders met on Friday to discuss the overhauling of the €440bn emergency bailout fund. Comments following the meeting suggested that the fund may be bolstered at a special meeting next month.
However an increase to the size of the fund may...