Sonntag, August 14, 2011

Forex Crunch: Spain’s Defense Ministry Cannot Pay 26 Billion Euros of Debt

The Spanish defense ministry is renegotiating 26 billion euros in arms contracts that the ministry just cannot pay. This budget hole adds to the country’s troubled finances, as it tries to assure investors that it is safe. [more...]

ELPAIS: Defensa renegocia una deuda de 26.000 millones que no puede pagar