Markets are worried over Spain's banks' reliance on ECB loans...
BBC News
BBC News
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Spain worrying markets.
Campbell Brodie-
Posts : 59106
Join date : 2011-08-13
Age : 69
Location : Scotland
Jimandsi-
Posts : 1361
Join date : 2011-08-14
Greece was bad - Spain is going to be even worse, I reckon.
Lot's of skeletons in the cupboard.
Lot's of skeletons in the cupboard.
Campbell Brodie-
- Posts : 59106
Join date : 2011-08-13
Age : 69
Location : Scotland
Jimandsi wrote:Greece was bad - Spain is going to be even worse, I reckon.
Lot's of skeletons in the cupboard.
I reckon the black economy of Spain has to be tackled and there will be a lot of smaller businesses forced to close as they rely exclusively on "black" money. If Spain had collected even a small percentage of the taxation which was due, they would be a very wealthy country...