U.S. & World

Spain relieved, angry over humiliating bank rescue


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  • Arizona1 Tucson, AZ
    June 10, 2012 4:35 p.m.

    Maybe I'm missing something, but this Associated Press article says the 100 million euro loan will represent 21000 euros debt per citizen, roughly the equivalent of an average salary. With 47 million citizens in Spain wouldn't the figure be closer to 2100 euros? Was an extra zero added to the calculation?