Re: Re: Spain: the new crisis in Euroland

#99221

Fuengi (Andrew)
Participant

@katy wrote:

So why then did the IMF visit Spain, was it a courtesy call and a cup of tea. Why have they not visited any other countries except Greece ❓

Not just about a country having debts it is the prospects it has to pay it off. How will Spain do that with 5 million unemployed and millions of unsold properties. Plus a dwindling share of the tourist market?

to try and create confidence it seems
http://news.bbc.co.uk/2/hi/world/europe/10355952.stm

http://news.bbc.co.uk/2/hi/business/10349212.stm