EuroCrisis, Part II: Spain now, Portugal later and Germany on the hot seat
EuroCrisis, Part II: Spain now, Portugal later and Germany on the hot seat: "The crisis of the European Union’s common currency goes into its second act, replete with a Spanish fandango as the curtain rises with the biggest peripheral Euro player downstage. Spain’s economy is almost twice as large as the combined early crisis victims – Greece and Ireland and waiting in the wings, Portugal. As the world’s No. 9 national economy, it is 10 percent of all Eurozone activity. And Madrid’s problems caricature the political issues dogging all the 27 EU members. They promise an endemic crisis."
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