"spain bankia" tag

Spain Faces ‘Total Emergency’ as Fear Grips Market

Spain is facing the gravest danger since the end of the Franco dictatorship as the country is frozen out of global capital markets and slides towards an epic showdown with Europe. By Ambrose Evans-Pritchard, International…

banksy euro

ECB’s Refusal To Play Ball Means Spain Has To Foot A €350 Billion Bailout Bill Alone

By Tyler Durden on 05/30/2012 07:27 -0400 http://bit.ly/L4IhhX Moving away from baseless (or is that faceless?) European bailout rumors, and moving into cold hard math territory, we hear from JPM’s David Mackie that “If a…

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