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Eurowrap 17/10/12

A focus on the key news and analysis surrounding the eurozone crisis

Spain's exposure to the rating agencies

S&P’s downgrade will have little effect. 

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European regionalisation: do two negatives make a positive? 

Austerity sweeping through Europe is creating tensions between national capitals and Brussels, and also between national capitals and regions.

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Banking union for Europe – risks and challenges

What will the banking union look like? Who is it for? How will it be financed? And who will manage it?

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Young, talented workers fleeing out of debt ridden European nations 

Debt-laden euro zone countries are exporting again.

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