Why €100bn Is Not Enough
Document type: Interview
Languages: Spanish / English
Geographic area: Spain
The €100 billion bailout doesn’t solve Spain’s problems, says Prof. Javier Díaz-Giménez. The labor market is weak and there are doubts that the government can meet its deficit targets. He says Spain should make Bankia its “bad bank” and dump all the other banks’ bad assets into it. Then it should go into liquidation.
Bibliographic citation: IESE; IESE Insight, "Why €100bn Is Not Enough"