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MercoPress, en Español

Montevideo, April 20th 2024 - 00:32 UTC

Tag: Wolfgang Münchau

  • Monday, April 11th 2011 - 23:50 UTC

    FT forecasts Spain will be next in seeking financial assistance

    Wolfgang Münchau: “Complacent Europe must realize Spain will be next”

    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.