Economy: Economic News, Policy & Analysis - The Washington Post: Why Spain’s now threatening to drag down Europe

Economy: Economic News, Policy & Analysis - The Washington Post
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Why Spain's now threatening to drag down Europe
Apr 5th 2012, 15:10

Just when we thought the euro crisis had subsided for a bit, Spain is popping back up as a trouble spot. On Wednesday, Prime Minister Mariano Rajoy said the country was "facing an economic situation of extreme difficulty." Spain is having trouble borrowing money and can't meet its deficit targets.

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