Spain may ask for a bailout: Queen's University expert
Queen’s University political studies department head Grant Amyot is available to talk about the conflicting reports that Spain will be seeking a bailout. The Spanish prime minister has denied media reports that there are plans to make a formal request for bailout funds.
“I think a Spanish bailout is probably going to happen at some point. Will this be another nail in the coffin for the Eurozone? I don’t think it will because it will take the pressure off Spain. The bond markets will see Spain is getting a bailout and that will stop putting pressure on Spanish bond prices,” says Dr. Amyot, who specializes in European politics, European Union, political economy and economic policy.
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