Monday, Jun 14, 2010
Another day, another rescue
MAIL: EU leaders to thrash out multi-billion pound rescue package for Spain as it faces bankruptcy
EU leaders are meeting this week to thrash out a rescue package for Spain as its economy teeters on the brink. News of the behind-the-scenes scramble in Brussels spells bad news for the British economy as many of our major banks have loaned Spain vast sums of money in recent years. (Is it time to buy the Euro yet - speculatively?).
Posted by alan @ 05:39 PM (572 views) Add Comment
3 Comments
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1. Moneyalchemist said...
Not surprising really, Bilderberg met in Greece last year followed by Economic Collapse in Greece - Bilderberg met in Spain last week-end folllowed by .....
2. sneaker said...
A trillion here, a trillion there and pretty soon you're talking real money
Captcha; traipses in
3. the number cruncher said...
I was at a business meeting last week and one of my fellow directors (who is a banker for a German bank) told me to make sure none of our money was in one of the Spanish owned banks...
I pressed them further and they said there was some very bad rumours going around of some big events in the Spanish banking system about to happen.