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Economy: Stock Market / Spain / Economy and Bailout #1024244

ABC Evening News for Monday, Jun 11, 2012
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(Studio: Diane Sawyer) The drop in the stock market noted.

(Madrid: Jeffrey Kofman) The plans for the bank bailout of Spain, a country that has been living on the edge for years, examined; scenes shown from near Madrid of abandoned projects: a planned arts complex, the suburban tram system, an empty salt water pool; details given about the country's unemployment and housing bust. [IE Business school business and government professor David BACH†- says there were bridges to nowhere.] The implications of the coming vote in Greece that could, too, impact the US economy explained.

Reporter(s):
Sawyer, Diane;
Kofman, Jeffrey
Duration:
00:02:30

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