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View Full Version : Spain's Slump Means Europe Must Rethink Tough-Love Policy - Bloomberg



NewsWhore
04-30-2012, 07:00 PM
Spain's Slump Means Europe Must Rethink Tough-Love Policy (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFExYJRlhUyN6OtGy9mXFQyGrPRqw&url=http://www.bloomberg.com/news/2012-04-30/spain-s-slump-means-europe-must-rethink-tough-love-policy.html)
Bloomberg
So any feasible solution will require some pooling of Europe-wide fiscal policy, with the European Central Bank acting as lender of last resort for distressed sovereigns or the issuance of euro-area bonds jointly backed by all the currency union's ...

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