Reading between the lines in the last few days - Spain a country which has struggled in the global recession is now the latest to be involved in the grey cloud of Financial Aid.
There seems to be a steady flow of information suggesting that the liquidity plan (which is being drawn by the IMF and the US Treasury) would provide a credit line of up to 250 billion dollars if needed.
At the moment this cannot be confirmed with both the US Treasury and the Spanish government denying the plan although it is felt that it is only a matter of time before it comes to fruition.
Global growth is still battling against itself and a dip in confidence could have further implications on the Euro.
The Service Sector is still weak in Spain, and has yet to show true signs of recovery
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