The ghost of risk premiums returns: Should Spain worry about the ECB's rate hike?

• Europe The ECB announces the first rate hike in 11 years and puts an end to the free money supply in Europe

The

(ECB) yesterday put an end to an era that began with the crisis of the common currency a decade ago and that, paradoxically, ends with uncertainty about the future of some of the countries that were already there then.

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