Economy - Voice of America: New Eurozone Focus: Spain's Debt, Economy

Economy - Voice of America economy-and-business

New Eurozone Focus: Spain's Debt, Economy Jul 23rd 2012, 18:41 The debt-ridden Spanish government and the country's troubled economy are the newest face of the European debt crisis. Stock markets across Asia, Europe and the United States plunged on Monday on fears that Madrid will need an international bailout after the country's borrowing costs soared above the level at which Greece, Ireland and Portugal all were forced to secure rescue packages. Economy minister Luis de Guindos denied that Spain would need help beyond the $122 billion package ... Media files: 85FC9B9C-0576-4008-B836-08053C689915_cx0_cy8_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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