Wednesday 13 June 2012

Monti says no bailout needed...

hmmmm....

On the 28th of May Rajoy said:

“There will not be any (European) rescue for the Spanish banking system,” Rajoy added, before backing calls for the euro zone bailout fund, which will be in place from July, to be able to lend to banks direct."

on the 8th of June - Spain received a bailout...


Pollies will have their hands forced by the market...no question!

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