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“Grescue” amplifies centrifugal forces in the core zone

In July, the sentix Euro Break-up Index (EBI) falls from 48.4% to 26.5%, its lowest reading in six months. The reason for this is the rescue of Greece which lets the Hellenic index drop sharply. But against the general trend the EBI in-crease for Germany and Finland whose government bonds profit from the unresolved euro problems.

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