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ECB Capping Rates on PIIGS? Wait Till Traders Call Its Bluff – NASDAQ

ECB Capping Rates on PIIGS? Wait Till Traders Call Its Bluff
NASDAQ
The big buzz about the debt-embattled Euro Zone on an otherwise quiet Sunday came from German news magazine Der Spiegel that ECB is considering measures to cap the borrowing costs of the crisis-central PIIGS countries. According to Bloomberg,

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