Detail Insuficiente; Spain's Bail-out   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8789 (Jun. 2012), page 12. Topik: Bailouts; Banks; Foreign Aid; Economic Policy Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.72 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Even by the standards of euro-zone bail-outs, which are greeted with applause but swiftly fizzle, the rescue of Spain's banks, announced on June 9th, was a disappointment. Relief in the markets lasted only hours. Yields on Spanish bonds soon started to rise. Within days they had reached their highest point since the introduction of the euro and a level that, if sustained, would tip Spain into insolvency. Ominously, yields also rose on German bonds, the euro area's haven. Investors are wondering whether the euro itself will survive. The package has some good points. Compared with previous bail-outs--of Greece, Portugal and Ireland--the rescuers acted early. Spain's government was offered money to fix its banks before it was shut off from financial markets. The sum on offer is big: Madrid has been promised loans of up to EUR 100 billion ($125 billion), enough to shore up its banks even if the economy shrinks a lot further. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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