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Spain shrank further in second quarter, government to push reforms
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Jul 1, 2012
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<p><a href="http://news.yahoo.com/spain-economy-minister-sees-growth-stabilizing-second-quarter-113104921--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/mk_wFnh2WiAguShNtgNNfA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-07-01T113104Z_1_CBRE8600VZU00_RTROPTP_2_SPAIN-DEBT.JPG" width="130" height="86" alt="Spain's Economy Minister Luis de Guindos listens to a question during a parliamentary hearing at the Spanish parliament in Madrid" align="left" title="Spain's Economy Minister Luis de Guindos listens to a question during a parliamentary hearing at the Spanish parliament in Madrid" border="0" /></a>NAVACERRADA, Spain (Reuters) - Spain's economy shrank further in the second quarter but looks set to stabilize over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said on Sunday. European leaders on Friday agreed to allow the euro zone rescue fund to inject aid directly into problematic banks, bypassing the sovereign government, and intervene on debt markets to support Treasuries facing high funding costs. ...</p><br clear="all"/>
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