Relevant:
- Spain's Senior Central Bankers Called To Testify on Bankia Debacle
- Spain Would Be Dead Without ECB Loans" Says Spanish Secretary of State for Economy; Update on Black Market Transactions in Spain; Bartering in Greece
- Bank Chief Steps Down as Spain Considers Rescue
- Spain moves reluctantly to save major bank
- Spain creates bad bank, injects funds in Bankia
2012-05-08 — globaleconomicanalysis.blogspot.it
Spain will eventually exit the eurozone anyway, so the sooner the better. Sadly, the Spanish government is highly likely to rape its citizens with higher VAT taxes and bank bailouts in foolish attempts to prevent the inevitable, just as Greece has done.
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