Spain Is Trying to Avoid Being Europe's Next Debt Bomb

Spain Is Trying to Avoid Being Europe's Next Debt Bomb

Three years ago, another eurozone country, also known for pristine beaches and great food was submerged in crisis, working investors into a frenzy and triggering talk of the “end of the euro.”

That previous troublemaker, Spain, has worked hard to dig its economy out of a hole, an effort that has paid off in the eyes of money managers who believe history won’t repeat, and that Greece’s seemingly never-ending crisis now won’t infect the Iberian country.

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