Europe goes on summer break leaving Spain stranded
MADRID | Irritation is high in Madrid for partners’ lack of support in enforcing a curfew, let alone a truce, in the raging battle it holds against overwhelming market forces. As leaders go on holiday they leave Spanish assets exposed to utter onslaught. The massive sell-out of sovereigns, securities and shares cannot continue for long without throttling any chance of survival by the time Brussels returns to normal business. Desperate attempts…