Spain (EU) collapsing?

in #money8 years ago

Looks like that the Spain banks are in deep trouble. I think that we will soon hear again the stories about the bail outs and bail ins.

Not a lot to read in MSM but the stocks are under hard selling pressure.

spain.jpg

https://www.wsj.com/articles/santander-buys-banco-popular-after-ecb-determined-rival-was-likely-to-fail-1496818501

The trouble for EU is piling up..