Is a 'virtuous circle' beginning in southern Europe?

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By Alex Lennane

09/05/2013

We thought we’d include this report today, simply because it has something good to say about two of Europe’s ‘basketcase’ economies. While government bonds in Greece and Portugal will not prop up Europe’s logistics industry, Bloomberg’s final sentence: “The latest news out of Europe is undeniably positive,” is something to cherish.

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