Technically they are not since ECB is still lending them money

来源: 于 2012-08-29 15:30:55 [旧帖] [给我悄悄话] 本文已被阅读：次

But no private sector lender is willing to lend to them.

Also check this news:

http://www.cbsnews.com/8301-505123_162-57416089/spain-lurching-further-toward-bankruptcy/