The Economic Times
Spain is likely to seek a full bail-out to avoid default some time after mid-September, Goldman Sachs said in a report Wednesday. The European Central Bank will not start buying troubled eurozone nations' bonds until their governments have sought a...
Ratings agency Standard & Poor's said Wednesday a full-blown bailout for Spain would likely not hurt its sovereign credit rating. Speculation is rising that spiralling borrowing costs for Spain will force it to join Greece, Ireland and Portugal in...