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Bailouts if there was ever a poster child for europe s economic crisis it was crease but now the country s fortunes appear to be turning around growth is returning cunt borrowing costs to fall in. southern european nations spain and portugal are also showing signs of recovery dr especially good news for the e.u. single currency since january of this years the euro has risen to around fifteen percent against the dollar landing most recently iran to dollar nineteen so is it all rosy not quite says the european central bank while things are improving economic with remain italy s fragile banking sector is a big concern and public debt in the country is high should europe s third largest economy find itself on shaky ground and the euro would be likely to suffer too. so for the latest on the euro let s cross over to calmer bosun in frankfurt current ....
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