News roundup: Top stories on Wednesday morning
Top stories on Wednesday morning including rising Spanish borrowing costs, Richard Tol stands over dole report, Mick Wallace and Irish company seeks Peruvian oil.
Top stories on Wednesday morning:
**Spain’s benchmark borrowing costs** climbed to a record, raising the specter of sovereign bailouts for the government in Madrid and then Italy.
**Professor Richard Tol** said he stands over a study that shows many Irish parents may be better off on the dole than working.
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