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Spain Bailout Won't Solve Crisis: Analyst

Tue 12 Jun 12 | 01:00 AM ET
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Spain Bailout Won't Solve Crisis: Analyst

Tue 12 Jun 12 | 01:00 AM ET
"Creating liquidity can be part of the solution, but on its own it is not enough. There is substantial uncertainty in the euro zone... Markets doubt the commitment of the core to fund the periphery, and also the periphery's commitment to reform," Thanos Vamvakidis, head of European G10 FX strategy at Bank of America Merrill Lynch Global Research, told CNBC.

Topics:

Spain  | Western Europe  | Europe  | Europe  | European Union
 
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