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View Full Version : Spain's Stealth Devaluation Goes Unrewarded by Investors - Bloomberg



NewsWhore
05-09-2012, 11:20 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHKYdTRwJ-IFAJEcvkSp6vdVjVaTQ&url=http://www.bloomberg.com/news/2012-05-09/spain-s-stealth-devaluation-goes-unrewarded-by-investors.html)


Spain's Stealth Devaluation Goes Unrewarded by Investors (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHKYdTRwJ-IFAJEcvkSp6vdVjVaTQ&url=http://www.bloomberg.com/news/2012-05-09/spain-s-stealth-devaluation-goes-unrewarded-by-investors.html)
Bloomberg
Spain's economy is shifting in a way Economy Minister Luis de Guindos says mimics the currency devaluations used before joining the euro to boost competitiveness. The risk is that surging bond yields tip Spain into an international bailout before ...

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