Tag Archive for Spain

The Eurozone’s commitment to supporting Spanish banks questioned by S&P, others – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Kostas Kalevras had another good post on the latest data release from the Bank of Spain (here). The good news is that Spanish banks’ borrowings from the ECB fell in September, following the ECB’s commitment to do “whatever…

Mariano Rajoy waiting for markets to force his hand – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Once again Mariano Rajoy is playing a dangerous game by not officially requesting assistance. The lull in the European markets is temporary since the fundamental issues of Spain’s weakening economy and distressed banking sector have not been resolved.…