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It's funny that there is a similar amendment in the US constitution, put there to prevent rejoining Confederate states from defaulting on the Union civil war debt.

Here's my quote source

http://www.guardian.co.uk/business/2011/aug/26/spain-constitutional-cap-deficit

by rootless2 on Sun Nov 20th, 2011 at 02:00:36 PM EST
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This will prevent Spain from defaulting on the Euro wars debt.

To err is of course human. But to mess things up spectacularly, we need an elite — Yanis Varoufakis
by Migeru (migeru at eurotrib dot com) on Sun Nov 20th, 2011 at 02:03:23 PM EST
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