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May 30, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: FAQ: Why is Spain now in crisis? And can it be fixed?

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
FAQ: Why is Spain now in crisis? And can it be fixed?
May 30th 2012, 16:29

Spain is back in the news, threatening to drag down the global economy. The panic started last week, after the country's fourth-largest bank, Bankia, announced that it needed $23.5 billion in aid. But how did Spain get to this point? Here's our explainer on the crisis:

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