Spanish woes continue

When the European Commission and the Spanish government declare that Spain will not require a bailout, the likelihood is that the opposite is the case.  The financial markets certainly do not believe the fine words. 

http://www.guardian.co.uk/business/2012/apr/10/eurozone-crisis-back-ecb
Excellent summary.

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100016130/spanish-epiphany-as-depression-deepens/

For a contrary opinion see:

http://www.nucleus.uk.net/home/item/doomsayers-predict-end-of-the-euro-again?category_id=1

More on the debt front and the ECB.  Not pretty.

http://www.telegraph.co.uk/finance/financialcrisis/9198612/ECB-may-act-to-bring-down-Spanish-borrowing-costs.html

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9198517/Europes-banks-beached-as-ECB-stimulus-runs-dry.html

http://www.telegraph.co.uk/finance/financialcrisis/9200253/OECDs-Padoan-warns-of-Spanish-contagion-risk-for-Italy.html

http://www.spiegel.de/international/europe/0,1518,827099,00.html
The return of the Spanish Flu!

http://www.telegraph.co.uk/finance/financialcrisis/9201008/Spanish-bailout-impossible-for-eurozone-says-prime-minister-Mariano-Rajoy.html