Europe seems to have reached the nadir economically, judging from the last few economic data points. But there is still a long way to go. In my view, Spain remains the most important country in Europe's sovereign debt crisis because of its large size and the potential for economic under-performance.
I have a slew of Spanish articles that provide more colour on the situation that I want to review here in the context of my overall thesis that Spain will need to apply for an OMT program by year en...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.