# Prof. Viral Acharya on Spain's fiscal condition

1 Faculty News May 24, 2012 ![International Business Times logo](/sites/default/files/styles/246w/public/assets/images/con_031078.jpg?itok=fjxsC0VP)>

Excerpt from [International Business Times](http://www.ibtimes.com/articles/345144/20120524/spain-cds-spread-debt-eurozone-crisis-spanish.htm) -- "'Spain's fiscal condition has looked far more precarious than at the beginning of the year,' said Dr. [Viral Acharya](http://www.stern.nyu.edu/faculty/bio/viral-acharya), Professor of Economics at New York University's Stern School of Business' Department of Finance."

[Read more](http://www.ibtimes.com/articles/345144/20120524/spain-cds-spread-debt-eurozone-crisis-spanish.htm)