Spanish stock exchange collapses on debt fears

6th May 2010, Comments 0 comments

The Spanish Stock Exchange registered its second biggest drop this year, after investors feared contagion from Greece’s debt crisis, fuelled by rumours that Spain would need 280,000 million euros in aid to meet its obligations. The Ibex 35 closed with a collapse of 5.41 per cent. The Prime Minister Jose Luis Rodriguez Zapatero said in Brussels ...

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