June 12, 2012
Spain is on the edge of a financial abyss, as EU sources claim it could ask for a bailout as early as this evening. Madrid’s credit score has been slashed, while it’s borrowing costs soared close to the level that forced Greece, Portugal and Ireland to seek rescue. But as Eurozone powerhouses try to keep the single currency afloat, one Irish town is banking on the past, to turn a profit.
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