Spain to freeze state pensions in 2011

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SPAIN - The Spanish government is set to freeze state pensions for 2011 as part of a package of measures aimed at reducing the country's ballooning deficit and send a positive signal to markets.

This is part of what the José Luis Rodríguez Zapatero's cabinet has agreed with the other governments of the European Union, in last weekend's EU Council emergency meeting following severe market p...

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