Mariano Rajoy, the Popular Party Spanish prime minister of Spain, appeared at a special press conference on June 9 to give the nation the good news—Spain had won the lottery! A €100 billion prize in the European Bank Rescue Lotto!
Make no mistake, señoras y señores, this was not a “bailout package” or a “rescue” of the kind inflicted on Greece, Ireland and Portugal, full of those nasty “macroeconomic conditionalities” imposed by the “troika” of the European Union, European Central Bank and International Monetary Fund..