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European Wrap: Good morning for the euro

From forexlive.com

South Korean authorities buy dollars to stem won’s rise -Traders Japan govt considering introducing quake recovery tax – Nikkei ECB’s Weber: Better if Ireland isolates bank deposits, lowers burden on its taxpayers and makes creditors participate in losses Portugal 2010 budget deficit 8.6%/GDP, versus government target of 7.3% Portuguese FinMin: Talks with Eurostat changed calculation method on deficit for 2010 Japan chief cabinet secretary: Considering evacuation zone on day-to-day basis, no need to widen it for now France’s Lagarde: French public debt was 7.0% of GDP in 2010, better than official target of 7.7% Euro ... (full story)

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