Spain’s Guindos Says Future of Euro at Stake in Spain

Spanish Economy Minister Luis de Guindos said the euro’s future will be played out in the coming weeks in Italy and Spain, as data showed record levels of capital leaving his country.

“I don’t know if we’re on the edge of the precipice, but we’re in a very, very, very difficult situation,” he told a conference in Sitges, Spain, yesterday. Spain and Italy are where the “battle for the euro” is being fought, he said.