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"Watching developments in Spain since the beginning of April has been source of non-stop déjà vu for anyone who spent 2010 watching events unfold in Ireland.

There are a number of striking similarities between the position in which the Spanish government now finds itself and the Irish government’s situation in November 2010, just before it was forced into an EU/IMF bailout programme.

Based on Ireland’s experience, a bailout for Spain seems inevitable."
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Mick O'Dwyer's profile photoSéamus Kik's profile photo
 
I'm sure someday a politician, one who's more than media cannon fodder, will get more than a public slap on the wrist. I won't hold my breath though, democracy is a business too big to fail.
 
Corrupt politicians do seem to be one of the biggest problems for both countries, in Italy as well.
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