It seems that the financial problems in EU are deep rooted and are spreading insidiously across Europe.
First, it was Greece to be bailed out. Then, Ireland also started to seek bailout recently. Just how many more countries can IMF and EU save? Portugal and Spain are still struggling now but the last draw will be the collapse of Spain.
Why? Well, the financial strains in Spain are twice bigger than the problems of Greece, Ireland & Portugal added together.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment