Why are Spaniards Pulling Out Their Cash and Getting Out of Spain? - Business News
Heisenberg 2012/09/04 14:38:09
Many who worry that Spain’s economic tailspin could eventually force the country’s withdrawal from the euro and a return to its former currency, the peseta. That direct outcome is still considered a long shot, even if Spain might eventually require a Greek-style bailout. But there is no doubt that many of those in a position to do so are taking their money — and in some cases themselves — out of Spain. The NYT Reports.
Read More: http://www.cnbc.com/id/48889555
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