Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Actually, the hole is something like €1.3bn, though Unicaja wanted €3bn from the Government to sweeten the takeover deal. The Government baulked and here we are.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Mar 31st, 2009 at 12:28:15 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series