Top Stories - Google News: Spanish government and banks are propping up each other, says Joseph Stiglitz - Telegraph.co.uk

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Spanish government and banks are propping up each other, says Joseph Stiglitz - Telegraph.co.uk
Jun 11th 2012, 05:36


Telegraph.co.uk

Spanish government and banks are propping up each other, says Joseph Stiglitz
Telegraph.co.uk
Europe's plan to lend money to Spain to heal some of its banks may not work because the government and the country's lenders will in effect be propping each other up, Nobel Prize-winning economist Joseph Stiglitz said. 'Having firewalls when you're ...
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