That concern looks overblown and in any case Spain could tap Europe's new bail-out fund.
This is also the case with Spain and generally the countries of the south.
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The Deputy Minister for Trade, Jaime Garcia Legaz, was making the case that Spain did not need extra help.
Well, it was felt that - unlike the case of Spain - the Cypriot state could not afford all the extra debt.
It is certainly the case that Spain is not in the same position as Greece, but the troika of the EU, IMF and European Central Bank will be overseeing their banking sector.
The National Court judge, Eloy Velasco, issued an order dated Monday and made public on Tuesday, directing Spanish officials to seek that information from the United States, before the judge determines whether to proceed or not with a potential case in Spain against the six former Bush officials.
In this case it is Spain's budget deficit, which missed its 2011 target of 6% of GDP by a mile.
"We expect the first real case to be Spain, which is currently studying the conditions for applying for aid, " he added.
They are in any case sceptical that Spain can meet its targets for cutting the deficit in the teeth of a recession that is harsher than expected.
The outcome will set the stage for the future of Greece in the euro zone and have investors pondering their worse case scenario of Spain jumping ship, too.
But in the case of Repsol, Spain's largest oil and gas company, they have become commonplace.
"In fact, we have not been able to determine any motive yet in this case, " De Spain said.
Some fund managers make the case for prime properties in Spain.
Spanish prosecutors already have argued that the case should be closed in Spain and that it should be handled, if at all, in the United States.
Mann said the plot was rushed through before the 2004 general elections in Spain, in case the government of Prime Minister Jose Maria Aznar was defeated, Reuters news agency reported.
In Spain's case it is down from 7% in 2003 to 5.9% last year, according to Antonio Morales, a Madrid attorney focusing on energy issues for Lovells, a large U.K.-based international law firm.
On Thursday, Spanish Foreign Minister Jose Manuel Garcia-Margallo told reporters that the case is hurting the image of Spain.
It remains the case that together the economies of Spain and Italy are too big to be rescued from existing funds.
On paper, Russia has a strong case: fraud is a crime in Spain too.
The case could also have an impact outside Spain - particularly since the European Union has said that it is considering applying the right to be forgotten across the entire continent.
What this means is that eurozone taxpayers, and especially those in Germany and France, will be more directly exposed to future emergency loans that may be required by the likes of Italy and Spain than would be the case if part of those loans was provided by an ECB able to create money.
If this is the case, contagion will rage through Italy and Spain, then into France.
This is the case in other "Catholic" countries like Spain and Portugal, which have recently adopted gay marriage.
The case seems self-evident for Ireland and Spain, where the European Central Bank was setting a one-size-fits-all monetary policy.
Presumably the European Commission is building a parallel case to bring against oil indexed supplies from Algeria to Spain and Libyan gas to Italy?
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Such a break up would entail Greece and Spain living the euro common currency in a worst case scenario.
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So it was in the case of Kate and Gerry McCann, whose daughter was abducted in Spain in 2006.
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