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Spain is due to set out its austerity budget for 2013 later today, against a backdrop of a deteriorating economy and 25% unemployment rate. Madrid is expected to outline 39 billion euros worth of savings, tax rises, and structural reforms.
It comes amid further protests this week, and growing expectations that Spain will seek a bailout from its eurozone partners.
Tomorrow, results of a stress test on Spain's banks are due to be released.
Spain's borrowing costs rose back to danger levels yesterday and the stock market fell.
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