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MADRID | Wed Jul 30, 2008 8:19am BST

MADRID (Reuters) - A possible merger between British Airways BAY.L Plc and Spain's Iberia IBLA.MC could be a good option for Spain, Spanish Economy Minister Pedro Solbes said on Wednesday.

"I think it could be a good option," Solbes said during an interview on Spain's Ser radio station.

Spanish state holding company SEPI is the third largest shareholder in Iberia with a 5.2 percent stake.

(Reporting by Manuel Maria Ruiz; Editing by Andrew Hay)
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