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Beggars in Spain. Welcome to the EU (Photo: xOchoa)

Cuban exiles expose depth of Spanish budget crisis

As EU politicians line up to say that Spain does not need a bail-out, Cuban exiles in the country say the crisis is so bad they wish they had stayed at home.

Spanish Prime Minister Mariano Rajoy on a visit to Warsaw on Thursday (12 April) repeated comments made earlier in the week when Spanish bond yields jumped to levels approaching the 7 percent threshold which triggered international rescue for Greece, Ireland and Portugal.

"Emergency rescue action for Spain doesn't make sense...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Beggars in Spain. Welcome to the EU (Photo: xOchoa)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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