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    Spain's woes to deepen as it double-dips into recession

    Sun, 04/29/2012 - 16:04 EDT - Telegraph
    • RDF10

    Spain is set to confirm that it fell back into recession in the first quarter, marking the beginning of what is expected to be another rocky week for the ailing eurozone economy.

    • Original article
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      Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.This post is a guest contribution by Spyros Andreopoulos of Morgan Stanley.

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      (LONDON) — The 17-country eurozone has bowed to the inevitable and fallen back into recession for the first time in three years as a sprawling debt crisis took its toll on the region’s stronger economies. And with surveys pointing to increasingly depressed conditions across the eurozone at a time of high unemployment in many countries, there are fears that the recession will deepen, and make the debt crisis even more difficult to handle.

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    • Spain's economy shrinks again and remains deep in recession

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