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Independent voices from the The Washington Times Communities
Topic - Chiara Cremonesi
Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly euro22 billion ($27.98 billion) in two keenly watched debt auctions that showed renewed investor confidence in the countries' attempts to get a grip on their debt problems.
Noting that while demand for shorter maturities has been strong in recent weeks, she said the auction Thursday "was even better than our expectations."