"Spain is too big to fail but also too big to be saved or too big to be bailed out. Official funds aren't currently enough to bailout Spain."
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Related: iShares MSCI Spain Index (ETF) (NYSE:EWP), Telefonica S.A. (ADR) (Public, NYSE:TEF) , Banco Santander, S.A. (ADR) (NYSE:STD) , Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA), Repsol YPF, S.A. (ADR) (NYSE:REP) , Banco Popular Espanol SA (MCE:POP), Inditex SA (MCE:ITX) , Gas Natural SDG SA (MCE:GAS)