Photo: Wikimedia Commons
That’s what’s going on right now: There’s an emergency phone call among G7 leaders, mostly revolving Spain.It’s probably happening right now.
The world awaits the end of it to see if there’s anything more than statements of “support.”
According to various Reuters snips, via Eleftheria Kourtali, Germany is pressing Spain to take a bailout, and everyone plans to turn around and attack German intransigence.
Meanwhile, there are mixed message out of Spain this morning. The country doesn’t seem to want a bailout for itself, but does see the need of a bialout for everyone.