IPFS News Link • Economy - International
Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt
• Zero HedgeSpain has been quietly tapping the country's richest piggy bank,
the Social Security Reserve Fund, as a buyer of last resort for Spanish
government bonds - with at least 90% of the €65 billion ($85.7 billion) fund has been invested in increasingly risky Spanish debt.
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