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One idea being mooted is for bailout money to be directed toward boosting the capital of Spain's shaky banks, though a spokesman for the European Commission insisted Thursday that there are no plans for providing such support.
WSJ: Euro Zone Takes Stock of Crisis-Fighting Arsenal
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But Chaguaramas, the federation's putative capital just outside Port of Spain in Trinidad, can boast only a few marinas and a dirty beach.
ECONOMIST: Half a century of small islands with big egos
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It is not the intention of European policy makers that capital controls would form part of resolving banks, Ireland, Spain, Italy, Germany and the Netherlands are all in the process of resolving banks with no capital controls.
FORBES: Cyprus: Europe Rolls the Dice on its Banks
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Sophia Basilica and in Cordoba, Spain, the capital of the occupying Moors' Muslim kingdom.
CENTERFORSECURITYPOLICY: Center says ��No�� to ��Shariah Beachhead�� at Ground Zero
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These are euros owed to the Bundesbank by the central banks of the economies where there has been the greatest capital flight, names those of Greece, Italy and Spain.
BBC: Could the euro survive a Greek exit?
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After all this, if you are worrying that British banks don't look as robust as you might like, I would direct your attention to Thursday's publication of how much capital Spanish banks may need to raise, as per the assessment of consultants hired by Spain's government.
BBC: Are any British banks still Premier League?
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And the Moorish Ummayad dynasty in Spain, made the city of Cordoba its capital, and installed an immense mosque on the site of an ancient Christian church there.
CENTERFORSECURITYPOLICY: A shrine to Shariah?
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For what it's worth, about 10 days ago I said on the Ten O'Clock News that Spanish banks may need around 85bn euros of additional capital, including the 23.5bn already requested by Spain's fourth biggest bank, Bankia.
BBC: Spanish banks need more than 40bn euros
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It was to be expected that Spain and some of the individual banks would attempt to minimize calls for more capital.
FORBES: Move up http://i.forbesimg.com t Move down
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"Stock options in Spain are taxed at an absurd rate, " says Marcel Rafart of VCs Nauta Capital.
WSJ: Liability Standard Risks Stifling Spain
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Only in Spain and Italy of the 22 countries surveyed do a clear majority of people favour free capital movements.
ECONOMIST: Liberalism lives | The