The sovereign debt of
For the IMF, ECB and EU, is always the same recipe; the Spanish economy must do their fiscal adjustment but the number of “unemployed” no longer tolerates.
To strengthen the economy, Mr. Rajoy can keep an ingenious proposal. It is always beneficial to anticipate litigation as crisis resolution system. Since there is no political space to address structural reforms, we must consider that
At the economy, it sometimes seems that there is nothing else to do that structural reforms and sustain export competitiveness by intervening in the foreign exchange market (euro's depreciation).
Creditors have worried because of
* Bonuses PAR has 0% nominal discount, will pay an annual interest rate of 1.33% increasing after the first 5 years. The amortization is each six months and begins in 2032, the bond's maturity date is 2042, the currency of this bond issue will be the euro. Hoping an acceptance of at least 70%