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January 5, 2012

Spain Sees 50 Billion Euros of New Bank Provisions

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Spain says it expects its banks to set aside up to 50 billion euros ($ 64.5 billion) in further provisions on their bad property assets as part of a new round of reforms for the country's financial sector. Luis de Guindos, economy minister in the centre-right government that took office two weeks ... FF News: Fundamental

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