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Paul Singer’s $ 27 bil­lion hedge fund El­liott As­so­ci­ates is wor­ried about Europe’s prospects and is brac­ing for fresh mar­ket tur­bu­lence. In a let­ter to in­vestors it ex­pressed con­cern about Europe even af­ter the re­gion found a so­lu­tion to Greece’s debt prob­lem and wor­ries that long- term prob­lems have not been ad­e­quately ad­dressed, pos­si­bly caus­ing “the breakup of the euro.”

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