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Associated Press
Spain's Minister of Economy and Competitiveness Luis de Guindos, left, and The Minister for the Treasury and Public Administration Services Cristobal Montoro, right, speak during a control session at the Spanish Parliament, in Madrid, Spain, Wednesday, July 18, 2012. He was defending a euro 65 billion austerity package that includes tax hikes and spending cuts announced last week after winning approval from euro zone partners for a huge bailout of Spain’s troubled banks. (AP Photo/Andres Kudacki)

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