The mix of high external indebtedness, the fragility of the financial sector and the probability of further declines in asset prices increase the probability of a funding squeeze at some point means that “Spain will be the next country to seek financial assistance from the EU and the International Monetary Fund”, argues one of the Financial Times respected columnists. Read full article
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Disclaimer & comment ruleshow a broke economy can lend money to other broke economy
Apr 12th, 2011 - 12:56 am - Link - Report abuse 0http://www.youtube.com/watch?v=ESpoeM3Rnp8
lol, now that's funny British sense of humor.
Apr 12th, 2011 - 02:56 am - Link - Report abuse 0@2 kiwi sense of humour
Apr 12th, 2011 - 06:12 am - Link - Report abuse 0Heaven help the developed world if Spain goes into receivership!
Apr 12th, 2011 - 10:54 pm - Link - Report abuse 0Commenting for this story is now closed.
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