Wednesday, June 13, 2012

Inside Story - Spain bailout: A painkiller or cure?

Jun 11, 2012 by
 
Spain has received $125bn to rescue its banks, a loan with no strings attached. Mariano Rajoy, the Spanish prime minister, calls the eurozone decision a victory for the euro. The eurozone's fourth largest economy has now joined Greece, Ireland and Portugal in asking for outside help to survive Europe's debt crisis. So is it a bailout package under a different name, a temporary pain killer, or a long term solution? Guests: Raoul Ruparel, Daniel Lacalle, Cristina Manzano.

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