News In Spain, Greece Sends European Stocks Diving

from National Public Radio
July 23, 2012

European stocks took a nosedive Monday as investors worried more than ever that Spain may need a full-fledged sovereign bailout. Two regions in Spain said they'll ask the country's central government for bailouts, and local Spanish media say several other regions could follow suit. And, of course, Greece remains in the center of the crisis in Europe.

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