#MADRID Bank bailout to spark firesale of corporate 3Spain

Dietrich Schmitz

10:06 AM  -  

+1'd on www.reuters.com

  -  Public

*Spain Euro Zone Debt Contagion Triggers Bank Portfolio Sell-Off* 

Bank bailout to spark firesale of corporate Spain »

MADRID (Reuters) - The European bailout for Spain's banks will push them to sell an empire of stakes in the nation's top companies, ending a cozy culture of corporate-banking links and prompting a wid...

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Reuters

5:53 AM (edited)  -  Public

Chart showing maturity profile of outstanding debt for Spain, Greece, Portugal, Ireland and Cyprus.

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4 comments

Ben Walker8:17 AM

+1

Interesting how my h smaller Greece is than Spain. Also that Spain has a higher GDP than debt - which means it has more chance to service it?

Alexa Antonaras9:17 AM

All the doing of our "American" banks. They did this because the EU is just as corrupt as we are. Screwing people over is the new kind of gov't.