ROME— From Thursday’s Globe and Mail
Published Wednesday, Apr. 13, 2011 7:25PM EDT
Last updated Thursday, Apr. 14, 2011 6:54AM EDT
Spain is a nervous wreck, and that’s a good thing. It means the complacency is gone.
For the better part of the last two years, the Madrid government protested its inclusion among the PIGS – Portugal, Ireland, Greece, Spain – the four European Union countries considered most likely to collapse under the sheer mass of debt and require a bailout. Not us, said Madrid. Continue reading