Euopean Central Bank Removes Risk Of Global Crisis | WAMU 88.5 - American University Radio
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Euopean Central Bank Removes Risk Of Global Crisis

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The turmoil in Europe appears to have died down, at least for now. Interest rates have fallen except for Spain. European Central Bank officials say they have contained the crisis — even if a recession occurs. But not everyone is so sure, and the recent rise in interest rates in Spain is making some investors nervous.
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