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Engels Says Europe Should Adopt 'Credit Enhanced' Bonds

August 19, 2011 4:10 PM EDT Aug. 19 (Bloomberg) -- Frank Engels, co-head of European economics at Barclays Capital, talks about the prospect of joint bond sales by euro-area nations and his proposal for "credit enhanced" bonds. Engels also discusses Spanish plans to lower taxes on new home purchases. He speaks from Frankfurt with Andrea Catherwood on Bloomberg Television's "Last Word." (Bloomberg)

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