Plans for a 300bn Euro rescue of Spain and writing down of Greek bonds

Saturday, July 28th 2012 - 01:13 UTC

Full article 6 comments

Spain has for the first time conceded it might need a full EU/IMF bailout worth 300 billion Euros if its borrowing costs remain unsustainably high, a Euro zone official was quoted in the Madrid media. Read full article

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DanyBerger
The Green PIGS should return the they old currencies and stay out of the Euro. When their could arrange their finances may be the can come back again.
Jul 28th, 2012 - 03:07 pm - Link - Report abuse 0
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briton
pigs , and pigs only,
no UK .
Jul 28th, 2012 - 09:51 pm - Link - Report abuse 0
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DanyBerger
@Briton

BPiigs and Green Pigs all suffering from the same disease called external debt.

Buy gold or Swiss Franks you will save your money from the UK commercial banks collapse.

Don't say that I didn't tell you...
Jul 29th, 2012 - 08:38 am - Link - Report abuse 0
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briton
only those who have been bailed out,
no UK
but if you insist in adding the UK to your list, then argentina should be added to the list,
so thats [ PIGSA]
Jul 29th, 2012 - 01:14 pm - Link - Report abuse 0
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DanyBerger
@Briton

Argentina has not banks exposed to external debt and if some fails sure Queen Cristina will give a shit for them so they will collapse without none caring about them.

But you huy..... I wouldn't like to be in your shoes mate because UKibank will be a big mess. What would you do?

I would be buying assets in Zimbabwe if I would be you.
Jul 29th, 2012 - 01:52 pm - Link - Report abuse 0
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briton
if i had assets i properbly wood

but like most people, we just hope andpray .
Jul 29th, 2012 - 05:05 pm - Link - Report abuse 0
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