Browsing All posts tagged under »Bail-out«

A Lesson to be Learnt from the Euro Crisis

June 18, 2012

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The recent Spanish ‘bail-out’ has had a mixed reaction from the global markets. Stock markets in Europe and the U.S. fell, and Spanish borrowing costs rose, after the first post-bail-out trading day. It is fortunate for the Spanish populace, already subject to austerity measures, that the bail-out did not come with the same conditions as […]