Economic Crisis Looms Larger In Spain Than Greece

from National Public Radio

Spain may be the most problematic country in the Eurozone at the moment. Recession is deepening in the European Union's fourth-largest economy, borrowing costs are soaring and banks find themselves in ever more turbulent waters. Robert Siegel talks with Fred Bergsten, director of the Peterson Institute for International Economics, about how Spain found itself in this mess, and what the consequences are for the rest of Europe.

Broadcast Dates

• All Things Considered, June 4, 2012