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:
Three months that will test the Eurozone | 223 comments (223 topical, editorial, 0 hidden)
Re: Three months that will test the Eurozone (none / 0)
Spain to contribute 5 billion to Portuguese rescue package
The 5 billion Spanish contribution to Portugal compares to the 2.6 billion for Ireland and 10 billion for Greece. It's clear that Portugal will have to engage in a far tougher adjustment program than first envisaged.
Spain's contribution will be proportiaonal to GDP, not proportional to exposure to Portugal.

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Mon Apr 11th, 2011 at 12:25:14 PM EST
[ Parent ]
Re: Three months that will test the Eurozone (none / 0)
But, if Portugal does not agree to the "help", would Spain bail out her own damaged banks? If not, the contagion could stop there -- for Spain at least.

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 Mon Apr 11th, 2011 at 12:38:05 PM EST
[ Parent ]

Three months that will test the Eurozone | 223 comments (223 topical, 0 editorial, 0 hidden)
Display:

Top Diaries

Pentecost steam

by DoDo - May 23
39 comments

A Nomad's Life (A Farewell)

by Nomad - May 10
14 comments

Newspeak to English pocket dictionary

by JakeS - May 15
7 comments

Standing on the Shoulders of Giants - Europe and the Mongol...

by Metatone - May 14
85 comments

Quantifying Utopia: A UBI Calculator for the USA

by ARGeezer - May 16
15 comments

Simple Solar Principles

by gmoke - May 17
2 comments

Rail News Blogging #24

by DoDo - May 12
11 comments

Ferguson hates on Keynes

by Migeru - May 6
100 comments

Recent Diaries

Pentecost steam

by DoDo - May 23
39 comments

Simple Solar Principles

by gmoke - May 17
2 comments

Quantifying Utopia: A UBI Calculator for the USA

by ARGeezer - May 16
15 comments

Newspeak to English pocket dictionary

by JakeS - May 15
7 comments

Standing on the Shoulders of Giants - Europe and the Mongol...

by Metatone - May 14
85 comments

Rail News Blogging #24

by DoDo - May 12
11 comments

A Nomad's Life (A Farewell)

by Nomad - May 10
14 comments

The Brussels Consensus: economic disaster in EU candidate...

by Migeru - May 7
8 comments

Origins of German Neo-Austerianism

by marco - May 7
82 comments

Ferguson hates on Keynes

by Migeru - May 6
100 comments

Dionysian revels: Nice, May Day 2013:

by Ted Welch - May 3
5 comments

Anglo Or Not, It's A Disease

by afew - May 3
41 comments

The UK and the Euro

by ceebs - May 2
6 comments

Free Energy: Solar and Dynamo LED Keychain Lights

by gmoke - Apr 30
1 comment

Kruganomics 101

by Frank Schnittger - Apr 30
67 comments

Gold

by joelado - Apr 29
54 comments

Corporate Profits and Aggregate Demand

by Metatone - Apr 28
54 comments

VC Investment: Then and Now

by ATinNM - Apr 27
5 comments

An Ambush of Wishful thinking and Cargo Cult law.

by ceebs - Apr 26
5 comments

The Intellectual Foundations of Austerity destroyed

by Frank Schnittger - Apr 26
86 comments

More Diaries...

Occasional Series