Spain Seeks EU’s Fourth Bailout With $125 Billion Request
By Charles Penty, Emma Ross-Thomas and Ben Sills - 2012-06-10T12:32:43Z
Spain became the fourth euro member to seek a bailout since the start of the region’s debt crisis more than two years ago with a request for as much as 100 billion euros ($125 billion) to rescue its banks.
More
Comment: I don't know if this finally calms down the markets which have been all to eager to go against the euro whatever it costs. Yet as I said two years ago when the Greek drama began, governments have bigger pockets than we have. And as to the so-called "euro crisis" they are determined to use them.
More
Comment: I don't know if this finally calms down the markets which have been all to eager to go against the euro whatever it costs. Yet as I said two years ago when the Greek drama began, governments have bigger pockets than we have. And as to the so-called "euro crisis" they are determined to use them.
No comments:
Post a Comment