Debt crisis escalates in Europe; fears grow about Spain
Debt crisis escalates in Europe; fears grow about Spain
LONDON – The debt crisis in Europe escalated sharply Friday as investors dumped Spanish and Portuguese bonds in panicked selling, substantially heightening the prospect that one or both countries may need to join troubled Ireland and Greece in soliciting international bailouts.
Read more on Washington Post
Ireland promises tax hikes, cost-cutting Markets see both debt and EU in need of revamp