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Europe
2:42 am
Wed April 18, 2012
Euopean Central Bank Removes Risk Of Global Crisis
By Jim Zarroli
Originally published on Wed April 18, 2012 5:50 am
The turmoil in Europe appears to have died down, at least for now. Interest rates have fallen except for Spain. European Central Bank officials say they have contained the crisis — even if a recession occurs. But not everyone is so sure, and the recent rise in interest rates in Spain is making some investors nervous.