The European Commission gave on Wednesday the go ahead for Spain to overhaul its stricken nationalized banks and opened the door for nearly 40 billion Euros in Euro zone aid to be disbursed, offering hope for an end to Spain's banking crisis. Read full article
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...and in the picture a bond holder with a haircut.Nov 28th, 2012 - 06:09 pm - Link - Report abuse 0
oh goody!Nov 28th, 2012 - 06:57 pm - Link - Report abuse 0
More debt bailed out by other countries already in debt to other countries.
That's sure to work out well!
Does anyone know exactly how much bailout money has been given toNov 28th, 2012 - 07:21 pm - Link - Report abuse 0
Ireland, Spain , Greece , Portugal,
A total would be interesting.
Austerity isn't working...Nov 29th, 2012 - 12:30 am - Link - Report abuse 0
@4....so whats your proposal?Nov 29th, 2012 - 11:21 am - Link - Report abuse 0
#5 Cristina has spelled out the alternative =)Nov 30th, 2012 - 02:05 pm - Link - Report abuse 0