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Spain´s sovereign crisis has many sides and causes. An unviable economic model and an insolvent financial sector … continues to have- its own serious dysfunctions. One of the main problems lies with Spain´s territorial administration … about Spain's future, posing additional hurdles to the country's economic recovery. Mirroring the approach adopted by the EU …
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Lenders are perfectly free to decide for themselves whether, when, how, to whom and on what terms they will extend credit to a sovereign borrower. But all such loans will involve risks and those risks occasionally materialize. When they do, is a creditor obliged to cooperate with its fellow...
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Hans-Michael Heitmuller The financing of public funds has become a strongly competitive business. Within the EU, national boundaries for this sphere have been formally removed as well as important hindrances to the trade of goods and services. Deregulation and technological innovations have...
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