Spain discussed idea of 300 bln euro bailout with Germany last Tuesday – Euro zone official

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I’ve had enough of this endless garbage!!

  • Germany did not support full bailout idea, discussion closed until ESM bailout fund is operational

So much for Germany pushing Spain to take full bailout!!

  • Spanish problems have revived talk of ESM banking licence as a last resort

EUR/USD lower at 1.2285.

Oh who bloody cares…….


All|Economic Data|Europe|Regions


Gerry Davies


  1. hi gerry
    do you have an overview of how many EUR are left in the EFSF. I think spanish guarantees need to be cancelled after asking for bank bailout!?!

  2. Chill Gerry.. Take a deep breath then take shot of the finest whiskey u got & then im sure u’ll see things in a different light.. :P

  3. Well we have only ourselves to blame now, we wished for a tapebomb and they delivered a cluster-tapebomb :D. This is gonna ring all the way to next week.

  4. Oh don’t say that Alan….pleeeeeeez

  5. Good idea Vaibhav ;)

  6. Hi Lars, I’m sorry I don’t.

  7. Hi Lars I thought I remember 200 bln. infact it’s 236 bln

  8. whew, no surprises in GDP, i can finally enjoy the weekend now. and since i’m asian, may you live in interesting times :D ;).

    p.s i’m really rooting for a peaceful end for today, enjoy your weekend Gerry & team @forexlive.


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