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Spain not next in line for EU bailout -fin min

Source: Reuters - Mon 6th Dec 2010

Salgado also said Spain would reduce the number of its banks.

Spain is quickly moving into the eye of the storm in Europe's debt crisis and its cost of borrowing has risen. The country's Prime Minister Jose Luis Rodriguez Zapatero on Thursday also insisted Spain would not need rescue funds but the closer fiscal integration was needed.

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