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  • aid his government will seek to reduce Spain???s budget deficit by 16.5 billion euros in 2012, and no areas, except for pensions, which will be raised in line with inflation, are safe from cuts, the Financial Times reported.Predicting that the economy would shrink in the current quarter, Rajoy called the outlook ???somber,??? the Financial Times reported.Spaniards, he said, ???face a thankless tas
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