Spain comes under the influence of China

So China will have a financial hold over Spain and now will have more of an influence over the Euro and the EU as a whole.

Article in the Sydney (Australia) Morning Herald here.

Eurozone Debt crisis spreads, fears of contaigion spread

In Belgium:  http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8202422/Eurozone-debt-crisis-spreads-to-Belgium-on-rising-political-risk.html
and in Spain:  http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8203455/Spain-debt-downgrade-threat-sends-euro-and-stock-markets-lower.html

in Greece:   http://www.zerohedge.com/article/new-general-strike-paralyzes-greece-100000-protesters-take-athens-streets

To the leftists protesting in Athens:  

"There's no such thing as entitlement, unless someone has first met an obligation."

"The only thing wrong with Socialism is that eventually you run out of other people's money"

     --both attributed to Margaret Thatcher