Spain in the Capital Markets 2012
After a brighter start to this year, the mood has rapidly darkened for Spain’s banks — and the real test may be yet to come. Katie Llanos-Small tracks the path for Spain’s lenders to return to wholesale funding markets.
Spain has come perilously close to the edge of the financial abyss. Rampant unemployment and torpid growth have undermined what many feel have been enormous efforts to rectify economic problems and the country’s deficit. Ralph Sinclair looks at what lies in store for the peripheral sovereign and how it has faced up to its debt demons.
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