The Pain in Spain … And What It Means for Europe and Beyond
Spain’s rapid decline from one of Western Europe’s fastest-growing economies to one of its most troubled could mean distress ahead for the euro, the EU and, ultimately, the global economic rebound. With all eyes now on Spain’s recovery plan, questions are being raised about potential repercussions if the country gets bail-out help from its fellow European Union members. Wharton professors discuss what needs to happen inside and outside of Spain to ward off further disaster.…Read More
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