Spanish government introduces regional debt ceiling

Note: This section contains information in English only.
Source: Bloomberg
In order to assure investors that Spain can avoid a full scale bailout amid increasing borrowing costs, the Spanish government introduces regional debt ceiling this year. 13 out of 17 regions supported the initiative of the debt limits, which are 15.1% of GDP for this year and 16% for next year. 
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Wed, 01 Aug 2012 08:04:54 GMT

Oil falls on factory data

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Wed, 01 Aug 2012 09:54:53 GMT

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