Spain in foreign media

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To Wall Street’s Favorite Media, Spain Looks Quite Sexy Again

NEW YORK | By Ana Fuentes | Remember when Spain’s sovereign debt was smashing to a euro-era record high? Just 18 months ago Wall Street market makers as well as their favorite media expressed their suspicious about non-performing loans, the Spanish banks’ health, and government reforms. Pundits even talked about a Spain leaving the euro after the “Grexit”. Goldman Sachs was sure that “the worst” was yet to come and claimed that the country “should ask for a “Spailout.” But things have changed and now it’s time for the ‘mea culpa’ and the “may be it wasn’t that bad.” Investors are showing interest in Spain and headlines talk about growth, exports boom and the country getting back on its feet bank’s bailout.