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Associated Press
File - In this June 26, 2012 file photo, Spain's Economy Minister Luis De Guindos speaks during a meeting in Madrid. Spain’s government Friday Aug. 30, 2012 approved a major new financial sector reform that creates a "bad bank" to contain toxic property investments and gives the central bank more powers to shut down troubled lenders. The royal decree reform is the fifth such package Spain has introduced since the economic crisis began in 2008. De Guindos said the new entity would be controlled by the central bank but would be semi-private. He said it would be operational before the end of November. (AP Photo/Daniel Ochoa de Olza, File)

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