Goldman Sachs Says Beware Europe Peripheral Stocks Rising Most

Goldman Sachs Says Beware Europe Peripheral Stocks Rising Most

Xabier Mikel Laburu/Bloomberg

Construction cranes stand over the Enagas SA gas storage facility at the port of Barcelona. Bears say Enagas SA in Madrid and Rome-based Enel SpA will struggle as Spanish unemployment surges to a record, austerity measures push Italy into the biggest economic contraction in three years and Greece, which triggered the region’s debt crisis 2 1/2 years ago, risks breaking the terms of a European Union-led bailout.