very interesting article from Edward Hugh I linked to his facebook page as this is where he mostly posts.
http://www.facebook.com/business/dashboard/?ref=sb#/edward.hugh?ref=nf
you may have to scroll throught to find the spefic article, not sure how to link to a spefic post. if you can't find it than the WSJ article is the basis for his note
Spain's Struggles Illustrate Pitfalls of Europe's Common Currency
http://online.wsj.com/article/SB125288334119806859.html?mod=googlenews_wsj#articleTabs%3Darticle