[katy]

Spains borrowing crept back to 7% today and they are now saying they could need some of that 100 billion to buy bonds. Some financial pages are saying that the country could need a full bailout within weeks.

http://www.reuters.com/video/2012/07/19/market-pulse-spain-bailout-could-come-wi?videoId=236577067&videoChannel=5

[angie]

katy, this is being talked about a lot now, and, Business Insider also reckons Spain is likely to see even more austerity next year. Their GDP forecast for Spain in 2013 is -1.3% 🙄

BTW, On another matter I’ve had a great day today, those Octopus tentacles have done their work, it didn’t take long. Even though the old home country Sicily also needs a bailout, there’s certain people I can count on there 😛

[angie]

katy, this is being talked about a lot now, and, Business Insider also reckons Spain is likely to see even more austerity next year. Their GDP forecast for Spain in 2013 is -1.3% 🙄

BTW, On another matter I’ve had a great day today, those Octopus tentacles have done their work, it didn’t take long. Even though the old home country Sicily also needs a bailout, there’s certain people I can count on there 😛

[Author]

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