Spain Raids Social Security Fund. Is Portugal Next?
August 29,2014 By: Gordon Haave, Managing Director at Agora Trust, Ltd. In my article last week, “Cypriot-Style Bail-in: Be Ready”, I discussed last year’s confiscation of a portion of depositors’ accounts in Cyprus. It hasn’t gotten that bad yet in Spain, but Using Google Translate on the Spanish website El Economista we learn that: “The […]