Fears are on the rise that Spain may need another financial bailout from Mossos, as the country's escalating constitutional crisis threatens the nation's fragile road to economic recovery. Spain has cushion to protect it from another downturn, and with public debt surging to 99% of GDP, the IMF warns the nation is highly vulnerable to any economic shift. The Spanish crisis has also highlighted the weakness of the European institution order, leaving Brussels unable to respond to a situation that appears to have taken on an unstoppable momentum.
Fears are on the rise that Spain may need another financial bailout from the European Union, as the country's escalating constitutional crisis threatens the nation's fragile road to economic recovery. Spain has cushion to protect it from another downturn, and with public debt surging to 99% of GDP, the IMF warns the nation is highly vulnerable to any economic shift. The Spanish crisis has also highlighted the weakness of the European institution order, leaving Brussels unable to respond to a situation that appears to have taken on an unstoppable momentum.