Debt crisis in Spain

Debt crisis in Spain

So, what is there to say about the debt crisis in Spain – or, at least, what can we believe and what really is the situation?  Frankly, I really do not know and I am not at all sure that the recent stress tests of EU banks provide much of a clue.  Certainly, when the ‘same’ banking stress tests were undertaken [...]

THE SPANISH ECONOMY, SPANISH DEBT, SPANISH BANKS AND FURTHER POTENTIAL AUSTERITY MEASURES!

The Spanish economy, Spanish debt, Spanish banks  and further potential austerity measures! Part 2 While public sector debt (not the deficit) in Spain is actually relatively low as a percentage of GDP versus other countries such as Italy, Ireland, Greece and Portugal, Spain’s public sector deficit for 2010 will be around 11.3%.  So, the Spanish government has announced several austerity [...]