Spain, Portugal and Belgium Set to Follow Ireland into Abyss as Debt Crisis Threatens to Destroy the Euro

New fears have been raised about the future of the euro with the domino effect of faltering economies spreading today.

The latest nation to get sucked into the crisis is Belgium after market traders pushed the cost of insuring the country’s debt to record levels.

The rising cost of Belgium’s debt is now 100 per cent of annual national income. That is raising concerns the country could join Portugal, Spain and Italy on the growing list of countries that could be heading for a financial crisis along with stricken Ireland.'

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