Washington Times
May 5, 2010
Global stock markets plummeted Tuesday on doubts that the European Union's $145 billion bailout package for Greece will keep the European debt crisis from spreading weakness around the world.
Spain became the latest target of speculators, who drove down that country's main stock index by more than 5 percent, forcing Spanish officials and the International Monetary Fund (IMF) to deny rumors that the debt-burdened country had requested a loan package that could be far more expensive than Greece's.
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