Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
bank guarantees are criminally reckless

Then surely they will expect Spain to allow banks with large exposure to Portugal to simply default and be resolved in the case that Portugal defaults. But, clearly they don't. And it is criminal to allow a default on lightly capitalized German banks.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Apr 16th, 2011 at 08:15:29 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

In defense of tree-huggers

by Cyrille - Apr 18
8 comments

Budapest Metro Line M4

by DoDo - Apr 19
3 comments

Elections in Orbánistan

by DoDo - Apr 6
39 comments

An unfair test

by Cyrille - Apr 8
6 comments

Might INET be a Trojan Horse?

by ARGeezer - Mar 31
10 comments

Occasional Series