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Why Spain is not the new Greece: Pimco's El-Erian

BNN.ca staff
11:51 AM, E.T. | May 1, 2012
International
Tags: Pacific Investment Management Co
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The Spanish economy is suffering from near 25-percent unemployment, credit downgrades and soaring bond yields. But Pacific Investment Management Co.'s chief executive Mohamed El-Erian, with over a $1 trillion under management, tells BNN why Spain is not the new Greece.
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