Problems in Spain: Revenues Collapse, State Spends Nearly Twice as Much as Revenues Collected in First Half August 2, 2012 0 By News Desk Spread the love Read More: Problems in Spain: Revenues Collapse, State Spends Nearly Twice as Much as Revenues Collected in First Half San Bernardino Files Chapter 9 Bankruptcy Petition; Pension and Medical Liabilities Impossible to Meet; Major Wave of Municipal Bankruptcies Has… Draghi Hints at Bond Buying But Rules Out Banking License and Warns Governments Must Use EFSF/ESM, ECB Cannot Replace Governments; 10-Year Yield…