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Spain's bailout hesitation 'highly risky', says commissioner

25.09.12 @ 11:14

  1. By EUOBSERVER

EU competition commissioner Joaquin Almunia, himself a Spaniard, has acknowledged Madrid faces a "difficult decision" in asking for another bailout. "But what's highly risky is to maintain the uncertainty - because you can come to a time when the cost of that uncertainty is bigger than any decision," he said.