Iberian Peninsular prepares for Troika and more downgrades.

Portugal will suffer the further torment of a Troika visit this week yet it is Spanish Banks this evening, fifteen of them from S&P, who receive the latest credit downgrade while Fitch seems to have concentrated on Santander! Read here and here.

The crazed folly of the EU project continues towards the abyss, with ever less hope nor prosperity for Europe's largely de-democratised citizens!