No sooner do sundry eurocrats proclaim that the worst of the debt crisis is over than problems surface in Spain. Not that the problems had gone away. Top marks for self-deception to the rulers of euroland.
It looks as though the debt-busting bazooka will not be sufficient should Spain turn turtle, but what the hell....
http://www.telegraph.co.uk/finance/financialcrisis/9174613/The-pain-in-Spain-may-not-enough.html
http://www.telegraph.co.uk/finance/financialcrisis/9174798/EU-to-extend-big-bazooka-EFSF-bail-out-fund-at-Copenhagen-meeting.html
http://www.bbc.co.uk/news/business-17549970
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