Grexit Wrap 12/06/12

Why the bailout in Spain won’t work

There really was a rapid change in sentiment with this one...

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Stealth austerity coming to Spain?

Unforeseen implications of the bailout.

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The Italian economy is sliding

Italy’s GDP is only 1.1% higher than its lowest point in Q2 2009.

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Smaller companies heading to Bulgaria in droves

Red tape and the tax system in Greece are leading to something of an exodus of smaller businesses.

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Ominous: sovereign CDS of Germany is widening

The periphery isn’t the only place with problems.

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