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The European Commission has denied reports that the Spanish economy is near collapse
The European Commission has denied reports that the Spanish economy is near collapse. It was reported earlier that the European country need assistance amounting to 250 billion euros. However, the situation in the economy and really inspires some fear, and against this background that investors have returned to fears about the spread of the debt crisis in Europe, and this will inevitably hit kuru single national currency of the Old World.
