Tagged with: Spain


MOU for Spain

Tom McDonnell 11/07/2012

Tom McDonnell: The Spanish Memorandum of understanding is here. EL Pais has distilled it down to 32 key points here. Eurointelligence helpfully translates these points here. The average maturity of loans will be 12.5 years. Spain is required to introduce legislation to apportion losses to several classes of shareholders and subordinated …



Can the Eurozone be saved?

Tom McDonnell 10/07/2012

Tom McDonnell: Spanish 10-year bonds are now over 7.1%. It looks like there will be a Spanish National Asset Management Agency (SNAMA) set up as a …

The Spanish crisis, thirteen defaults to date

Tom McDonnell 10/05/2012

Tom McDonnell: As well as being World and European football champions Spain also currently holds the distinction of having the world record for …

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