Spain pays more for short-term borrowing

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The debt problems of Italy and Greece continue to hit Spain. Madrid was able to sell 4.5 billion euros worth of short-term government bonds but its cost of borrowing jumped compared to sales in August. The amount of interest Spain had to offer to find enough buyers for its bonds rose even as the European Central Bank continues to support it by purchasing Spanish debt. ... http://www.euronews.net/

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