Should Taxpayers Bail Out Spanish Bondholders? |
July 11, 2012 | July 2012 Bond Updates |
We are now getting a clearer idea of how the EU plan to deal with Spanish banks. Yesterday saw the leaking of a draft Memorandum of Understanding describing the conditions under which the EU will provide funds to recapitalize the Spanish banking sector. A key question at this point is how will the plan treat creditors of insolvent banks. |
View more at: http://www.forbes.com/sites/karlwhelan/2012/07/11/should-taxpayers-bail-out-spanish-bondholders/ |
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