Saturday, 26 May 2012

Spain in tatters

Forget Greece, Spain is the big one. It is too big to save.  The eurozone hasn't the fire power to bail it out.  Sovereign debt rates above 6%, the highest unemployment rate in  eurozone, banks on the brink of collapse as property values crash and doubts if the austerity measures (even with some relief) will be met.

Meanwhile in Greece:

Finally, articles on other related issues.  I commend the first link below.

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