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Ten observations on the Spanish bailout
MEP Daniel Hannan's blog 2 Years, 1 Month, 2 Weeks, 3 Days, 17 Hours, 37 Minutes ago
1. Madrid has just added €100 billion to its foreign liabilities. Until yesterday, euro-optimists were assuring us that Spain was nothing like Portugal or Greece, because its debt and deficit figures were so much lower. Not any more. Deutsche Bank...