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View Full Version : Spanish Bailout Shows Europe's Leaders Still Don't Get It - Bloomberg



NewsWhore
06-11-2012, 03:20 PM
Spanish Bailout Shows Europe's Leaders Still Don't Get It (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEtR566VJ0wOy5OnPnXp5tRiPRa9g&url=http://www.bloomberg.com/news/2012-06-11/spanish-bailout-shows-europe-s-leaders-still-don-t-get-it.html)
Bloomberg
Any of these actions would require the euro area to do something its most powerful member, Germany, has so far resisted: accept collective responsibility for the currency union's survival. Spain's predicament makes such a shift in strategy imperative.

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