NEW! CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Friday, May 21, 2010

Bundestag Approves Bailout, possible Strike in Spain

by Calculated Risk on 5/21/2010 08:41:00 AM

From the Financial Times: Bundestag backs eurozone rescue

Germany’s lower house of parliament on Friday narrowly approved Berlin’s contribution to the European Union’s €750bn package of loan guarantees ...
The upper house, the Bundesrat, is expected to vote today and passage is expected.

From Reuters: Spain to 'probably' call general strike-report
Spain's largest workers union Comisiones Obreras could call a general strike to protest the government's austerity measures, its head Ignacio Fernandez Toxo said on Friday ...
Sounds like just a one day strike.

The futures are off this morning ... but bouncing around.