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September 27, 2012

Eurozone Crisis Is Back with a Vengeance

The Economist, The Economist

AP Photo

THE sugar-rush brought on by the European Central Bank’s pledge to intervene in bond markets to help troubled euro-zone countries—some diplomats call it “Mario Draghi’s ice cream”—was bound to fade at some point. But nobody expected it to fade quite so suddenly this week.

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TAGGED: Spain, Greece, Italy, Germany, Eurozone

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