The cost of insuring Spanish and Portuguese government debt against default soared on Tuesday, while stock markets in Madrid, Lisbon and Athens posted sharp losses, as fears that the European debt crisis is spreading returned in full force.
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Tue, 05/04/2010 - 8:01am
The cost of insuring Spanish and Portuguese government debt against default soared on Tuesday, while stock markets in Madrid, Lisbon and Athens posted sharp losses, as fears that the European debt crisis is spreading returned in full force.