Spain: Sovereign Debt

Spain S Rajoy Euro Zone Video Dept: Video: Spain expects to meet budget deficit target Tech, according to Globe and Mail. In Stronach s value calculus, the costs of sticking with the 17-country euro zone now outweigh the benefits of staying put. To wit: If the zone s bailout fund for sovereign debt, the 500-billion European Stability Mechanism ESM , were to unleash its full force on some clapped-out economy like Spain s, Austrian taxpayers would be on the hook for about 20 billion. Recent polls suggest that Stronach s party which had no name as of early October would nail 10 per cent of the vote if elections were held today and video: High-stakes election for Spain s Rajoy Euro zone Video: Nokia plans to raise 750-million euros (www.immigrantscanada.com). As reported in the news.