Spain: Where There is Smoke, Usually There is Fire

By: Ian Campbell | Tue, Aug 28, 2012
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Why read: Because October is coming closer, and Spain is said to then face debt repayments of over 30 billion euros.

Commentary: I suggest you focus on denials made Friday by a representative of Spain's Government, who is reported as confirming there are no on-going negotiations for any 'bailout program' related to Spain other than the 100 billion euro Spanish banking rescue loan from the eurozone.

My comments:

I suggest you read the referenced article and reach your own conclusion as to credibility of this denial.

Topical Reference: Spain denies negotiations on sovereign rescue, from The Globe and Mail, from Agence France-Presse, August 24, 2012 - reading time 2 minutes.



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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