Thursday 29 March 2012

Spain and bazookas

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

No comments:

Post a Comment