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Spanish debt costs spiral as crisis deepens May 28, 2012   MADRID (Reuters) - Spanish 10-year borrowing costs neared the 7 percent danger level and Bankia shares hit record lows on Monday after the government, struggling to sort out its finances, proposed putting sovereign debt into the struggling lender. Prime Minister Mariano Rajoy pinned the blame for the rising borrowing costs on concern about the future of the euro. He again ruled out seeking outside aid to revive a banking sector laid low by a property boom that has long since bust. ...     print     email to friend

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