Madrid: Cuatro Torres Business Area - Tomás Fano, Wikipedia
The problems in greece are now beginning to effect the Spanish and Portuguese markets. It’s only a matter of time until they begin to encounter the same issues Greece is currently embarking on. If you are an active trader, I would probably look into shorting the Greece, Spanish and Portuguese markets.
The cost of insuring Spanish and Portuguese government debt against default soared on Tuesday, while stock markets in Madrid, Lisbon and Athens posted sharp losses, as fears that the European debt crisis is spreading returned in full force.
– Polya Lesova, MarketWatch
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