Euro debt crisis: Is Spain the new Greece?

Filed under: AM Roundup |

Spain has emerged as the newest focal point for the Euro Zone’s debt crisis, reports the Christian Science Monitor.

This week, interest rates on Spain’s long-term debt rose above 6 percent, a level not seen since the last flare-up of the euro crisis. On Tuesday, Spain saw its costs of short-term borrowing nearly double from a month ago, according to the newspaper.

Read more at the Christian Science Monitor.