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ECB fails to cure debt crisis

Apr 13 2012  The size of Spain’s debt crisis has exposed the limits of the ECB’s longer-term refinancing operation. Martin Wolf, chief economics commentator, James Mackintosh, investment editor, and Victor Mallet, Madrid bureau chief, talk to the FT's Daniel Garrahan about why the debt crisis hasn't been brought under control.  (4m 47sec)
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Produced by Daniel Garrahan. Filmed by Christopher Booker, James MacDonald, Rod Fitzgerald and Reuters

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