The Spain rescue dilemma

Just during past weekend, Spain was "awarded" a multibillion EUR bailout in order to stabilize it's banks.

However, in my opinion, EU leaders made a big mistake, since they were in a special kind of dilemma:

Technically, Spain is just too big to bail. Therefore, it was necessary to orchestrate a special form of bailout which only concerned Spain's banks without putting too much pressure on the country itself, since the country actually is intended to be part of the ESM - plan, on the payers’ side.

It took exactly one day until another country, Greece, which had to be bailed out much earlier, asked for the same bailout term offered to spain, e.g. a renegotiation of bailout measures.

Here's the problem:

Pretty much every country will ask for better terms right now, since the dam of "austerity" has been broken just over one weekend.

After all, they are just going to print money. Or break up the EURO and go back to national currencies, which would be a much more intellegent move.