Spain's Borrowing Costs Hit New High

Concerns about Spain's ability to overhaul an ailing banking system sent Spanish borrowing costs to a record high, prompting a new call from Prime Minister Mariano Rajoy for the EU to take action to calm market turmoil.

Keywords:  banking   ability   overhaul   system   record   concerns   ailing   call   turmoil   prompting   action   calm   market   
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