Timing is everything

By Craig McGlashan
24 Jan 2014

The Spanish Treasury showed that timing is something on which it is a bit of an expert this week.

It wasn’t just the size of Spain’s book (€40bn, in case you’d forgotten) that impressed — it was one of the highest quality, too.

Of course, as bankers and others are right to point out, there are still serious problems in Spain — dangerously high unemployment and terrible ...

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