- 25 сентября 2012, 19:17
- Credit Writedowns
By Marshall Auerback The real weak link now in the Eurozone is Spain, where the data is a disaster. It is Greece writ large. And this is before Madrid, under Prime Minister Mariano Rajoy, has submitted to a new ECB program of agreed austerity in exchange for the ECB backstopping the nation’s bonds via a renewed Securities Market Program (SMP). One [...]
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Courting disaster in Spain originally appeared on Credit Writedowns
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