Spanish bailout increasingly likely

It's looking pretty likely now that the Spanish state is going to need a bailout from the Euro Stability Fund. One commentator I read (sorry I didn't note...

It’s looking pretty likely now that the Spanish state is going to need a bailout from the Euro Stability Fund. One commentator I read (sorry I didn’t note their name) suggested that as the Spanish economy was tightly tied to the Italian economy, this would mean that in fairly short order the Italian economy will also require a bailout.

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