The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
I still wouldn't bet that they won't do the right thing in the end.
Spain, in fact, joined forces with the other big European economies on an earlier occasion:
The surge in Irish bond prices on Friday came after the finance ministers of Europe's five largest economies issued a statement reiterating that any plans to force private investors to bear the burden of future sovereign bail-outs would not affect anybody currently holding eurozone bonds."We are clear that this does not apply to any outstanding debt and any programme under current instruments," the British, French, German, Italian and Spanish finance ministers said in the statement released at the G20 summit in Seoul.
"We are clear that this does not apply to any outstanding debt and any programme under current instruments," the British, French, German, Italian and Spanish finance ministers said in the statement released at the G20 summit in Seoul.
Zapatero, the last best hope of Social Democracy in Europe [sic], joins forces with the Conservative-Neoliberal governments of Germany, France, Britain and Italy in a futile attempt to protect his own bond spreads, only to find a few weeks/months from now that the other 4 larger economies hang him out to dry...
by DoDo - Sep 3 125 comments
by marco - Aug 24 28 comments
by car05 - Aug 27 10 comments
by gmoke - Aug 17
by john_evans - Aug 18 26 comments
by Metatone - Aug 14 24 comments
by Helen - Aug 3 38 comments
by DoDo - Sep 3125 comments
by car05 - Aug 2710 comments
by marco - Aug 2428 comments
by john_evans - Aug 1826 comments
by gmoke - Aug 17
by Metatone - Aug 1424 comments
by DoDo - Aug 1191 comments
by Helen - Aug 338 comments
by Frank Schnittger - Jul 2246 comments