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Almunia Says Spain Hesitation on Aid Request Is Risky, AFP Says

Spain’s reluctance to ask for a full international bailout is “very risky” and could prove costly, Agence France-Presse reported, citing European Union Competition Commissioner Joaquin Almunia.

“The Spanish authorities should make a decision on a possible rescue,” Almunia said told AFP in an interview published today. “This decision isn’t entirely black or white, but what’s really risky is continuing the uncertainty.”

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