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Fear pushes eurozone debt to record highs
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http://www.bbc.co.uk/news/business-15571540
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The eurozone debt crisis has caused further turmoil in European debt markets. The gap between German and French debt widened to a record high since the euro was created in 1999. Italy's borrowing costs also surged. Investors are worried that a Greek default will spread financial contagion to other highly indebted nations.
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Not looking very good is it!