As the European Union struggles to contain the euro crisis, Spain is quickly approaching an economic collapse. The country is among those in line to receive a Greece-style bailout, though experts say its time for one may come sooner than once expected.
Greece has more homework to do to avoid default and global economic tremors. Eurozone finance ministers considered the latest austerity package and asked for more. First, Athens must find another $ 430 million in savings by Wednesday when the finance ministers meet again. Then Greece’s parliament must approve the terms of the full package of […]