April 26, 2010

Rogoff: Ireland, Spain And Portugal Look Conspicuously Vulnerable

Greece is unlikely to be the last euro nation to need an International Monetary Fund bailout, with Ireland, Spain and Portugal “conspicuously vulnerable,” said Harvard Professor Kenneth Rogoff.

“It’s more likely than not that we’ll need an IMF program in at least one more country in the euro area over the next two to three years”

in Bloomberg

Related stocks and Etf`s: iShares MSCI Spain Index (ETF) (Public, NYSE:EWP), Banco Santander, S.A. (ADR) (Public, NYSE:STD), Portugal Telecom, SGPS (ADR) (Public, NYSE:PT), Banco Bilbao Vizcaya Argentaria SA (ADR) (Public, NYSE:BBVA), Bank of Ireland (ADR) (Public, NYSE:IRE)

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