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Daily Archives: July 14, 2011
Italy slashing budget to fend off debt crisis
Battered by rising borrowing costs and under the eye of other European governments, Italy’s Senate on Thursday upped the size of planned budget cuts in an effort to prevent the euro zone’s third-largest economy from slipping into the debt crisis … Continue reading
Posted in Debt Crisis
Tagged Economic Contagion, European Crisis, Kondratieff cycle, Kondratieff wave
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