Spain’s grinding economic misery will get worse this year despite the country’s request for a European financial lifeline of up to (EURO)100 billion ($125 billion) to save its banks, Prime Minister Mariano Rajoy said Sunday.
If you lived in Spain would you keep your money in a Spanish bank?
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Adam
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Yes makes me money keep your bank
I will keep it in US baby no matter what!
This Question must not be limiting about spenish Banks only, if we take view on medium time perspectives, None of Bank in the world can be deemed as a 1oo% safe or Secure, just wait for some more time, and we will find newer and newer names of countries for asking such question
Rasesh Shukla - India
Greek and Spain bank customers are pulling their money out as fast as the bank can re-liquefy with borrowed money, not a sustainable practice. The can is exhausted and the road is coming to an end.
No way, Jose!
No. Save with the trend (elsewhere). Spanish bank stocks might be a good short.