After clinching Spain’s €100 billion bank bailout, Prime Minister Mariano Rajoy flew to Poland on Sunday for the Spanish team’s soccer match, declaring “this matter is now resolved.” Not so fast, prime minister. On Tuesday, Spain’s long-term borrowing costs soared … Continue reading Bailout in Spain Leaves Taxpayers Holding the Bag
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Bailout in Spain Leaves Taxpayers Holding the Bag
After clinching Spain’s €100 billion bank bailout, Prime Minister Mariano Rajoy flew to Poland on Sunday for the Spanish team’s soccer match, declaring “this matter is now resolved.” Not so fast, prime minister. On Tuesday, Spain’s long-term borrowing costs soared … Continue reading Bailout in Spain Leaves Taxpayers Holding the Bag