Euro Survives 2012 Intact in Global Poll Seeing Spain Rescue
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Spain will request a sovereign rescue within a year, while Italy will avoid that fate, as the euro-area’s debt crisis looks set to enter a fourth year, according to the Bloomberg Global Poll.
Almost three years since Greece revised its deficit numbers, triggering financial market turmoil across Europe, 85 percent of 847 investors, analysts and traders who are Bloomberg subscribers said Spain will seek aid in the next 12 months. Fifty-nine percent said Italy will skirt a rescue over the same timeframe.