Spain to pass pension bill as yields continue to surge

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SPAIN - The Spanish government will raise the retirement age today in a renewed bid to restore investor confidence after a €20bn ($27bn) plan to shore up savings banks failed to tame the nation's borrowing costs.

Four months after Spanish workers disrupted transport and broadcasts in a general strike aimed partly at the pension plan, Prime Minister Jose Luis Rodriguez Zapatero's Socialist government will ap...

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Spain to pass pension bill as yields continue to surge

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