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Economists Say Forget The Bailout, Ireland Should Default

nytimes.com | LANDON THOMAS Jr. | Posted 05.25.2011

Many experts now say that bailouts only delay the inevitable. Instead of further wounding their economies with drastic budget-slashing, the specialist...

Spain's Banks Seen As Weak Link In Debt Crisis

Posted 05.25.2011

Mounting bad loans, competition for funds and exposure to wobbly Portugal make Spain's banks a potential liability as the country fights to avoid an I...