In Spain, a Bailout May Not Be Enough
European Central Bank President Mario Draghi’s plan to save the euro is about to have a test run. Spanish Prime Minister Mariano Rajoy appears ready to accept—not immediately, but soon—Draghi’s offer of a deal in which the bank would buy up Spanish debt in exchange for austerity and economic reforms.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.