PPP KINGDOM

PPP KINGDOM

ARE ITALY + SPAIN THE NEXT DOMINO’S TO FALL?

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The debt problems of two European nations are getting worse.

Investors are getting more and more worried that Spain and Italy will not be able to make all the payments on their huge debts.

Both countries are considered too big for bailout packages and fewer countries in Europe are in financial shape to help rescue other nations.

https://www.cbn.com/cbnnews/finance/2011/August/Spain-Italy-Debt-Problems-Deepen-/

At the same time, the spread with the equivalent 10-year bond issued by Germany, the strongest eurozone economy, widened to 3.93 percentage points for Spain and to 3.74 percentage points for Italy, showing how the two countries have to pay much more than Germany to borrow funds.

http://uk.news.yahoo.com/markets-put-italy-spain-debt-under-more-pressure-092906600.html

Best Regards,

FINANCIAL WARRIOR

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