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Posted: Feb. 5,2010 9:50 am PHT

Fears of 'Lehman-style' tsunami as crisis hits Spain and Portugal

Spain is going through a 'deep crisis' in its housing sector. Photo: AFP

February 4,2010,(Telegraph) -- The Greek debt crisis has spread to Spain and Portugal in a dangerous escalation as global markets test whether Europe is willing to shore up monetary union with muscle rather than mere words. . . continue reading.