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Spain: Too big to fail?

Spain's economy is more robust than the bailed-out countries, but it's also much bigger. Image: European Weekly.

Greece, Ireland and now Portugal. Debt-ridden, deficit-laden and bankrupt were it not for bailouts from abroad. Spain is the fourth and final letter in the hackneyed PIGS acronym for Europe’s struggling economies. It is also the biggest, and its economic future will decide the fate of the euro zone.

May 12th, 2011 | Posted in Business | Read More »

What now for the “PIGS”?

Portugal, Italy, Greece and Spain have all been grouped together by some market watchers as potentially unstable economies due, supposedly, to their deficit and debt levels. But a closer look at the figures tells a different story.

April 24th, 2010 | Posted in Business | Read More »

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