Press review | 06/06/2012

 

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Financial markets distrust Spain

Financial markets distrust Spain

Finance Minister Montoro: "The door to the markets is closed for us at present." (© AP/dapd)

 

Spain admitted for the first time on Tuesday that it is having difficulties raising money on the financial markets. The possibility of making use of the euro bailout fund in a bid to solve the country's bank crisis is increasingly being discussed. For some commentators the step would be a nightmare, while others believe that unlike Greece, Spain can be rescued in this way.

With articles from the following publications:
Die Presse - Austria, El Mundo - Spain, Público - Portugal, Süddeutsche Zeitung - Germany

POLITICS

Frankfurter Allgemeine Zeitung - Germany

Duma effectively abolishes right to assembly

Neue Zürcher Zeitung - Switzerland

Serbia's new president fosters nationalism

Mladá fronta Dnes - Czech Republic

Corrupt politicians must serve time

REFLECTIONS

ECONOMY

Magyar Nemzet - Hungary

Europe's austerity policy obsolete