"spanish debt crisis" tag

Fears of Bank Runs Mount in Southern Europe

By Stefan Kaiser AFP http://bit.ly/J33oyY The Spanish government has denied reports that €1 billion was withdrawn from beleaguered major savings bank Bankia last week. Following the downgrade of 16 Spanish banks by Moody’s, the focus…


Eurozone Unravelling: Blue Skies in the Media, Rain Heading for Spain

By John Ward http://hat4uk.wordpress.com/2012/03/22/eurozone-unravelling-blue-skies-in-the-media-rain-heading-for-spain/ ‘U.S. money-market funds sharply increased the amount of euro-zone bank debt they held last month, according to Fitch Ratings, a sign they believe the worst of the debt troubles…

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