http://www.cnbc.com/id/100431876
an abney and associates international news
Risks to Spain’s economy and financial sector remain elevated as the country undergoes a difficult process of fiscal and external adjustment, the International Monetary Fund reported Monday.
The IMF’s statement came after the fund’s second quarterly visit between Jan. 25 and Feb. 1 to review the country’s financial sector.
Despite its concerns, the IMF praised Spain’s progress in bank recapitalization.
“This clean-up is a m