Europe will be affected by the elections in Spain

Whoever wins Spain's general election on Sunday - and it looks likely to be the opposition conservatives - will face a potentially unsolvable economic dilemma.

They may also face a major financial crisis.
Because, with Italy having now joined Greece, Portugal and the Irish Republic on the eurozone critical list, it is looking like Spain will be next.
The government's cost of borrowing money on the financial markets for 10 years - a popular barometer of lender fear.

That's close to the level where other eurozone governments turned to their neighbours for a bailout.