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  • Spain tires of penitence even amid the Lent processions

    From guardian.co.uk

    Read Full Story at guardian.co.uk

    As hooded Easter week penitents processed mournfully through Spain's cities on Good Friday, Spaniards were wondering just how much past economic sins will come back to haunt them. With bond yields hitting records for the year and the most austere budget in decades bringing further pain to a country already stricken by 24% unemployment, prayers for deliverance are unlikely to be answered any time soon. Analysts increasingly believe that like the other "sick men" of Europe – Ireland, Greece and Portugal – Spain will eventually need bailing out. For some, it has already become too much. Last ... (full story)

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  • Posted: Apr 8, 2012 8:46am

    Submitted by: FF News

    Category: Fundamental Analysis

  • 913 Views

  • 0 Comments

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