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Among them is arranging the enormous amount of financing needed.
The Swiss bank UBS puts Spain's gross financing needs next year at €250 billion.
The bailout program was designed to cover Portugal's financing needs until September.
Delta said it did not yet have financing needed to complete the purchase.
In the past four years, the financing needed for the program has increased by 41percentto to $20 billion a year.
Investors will, with luck, no longer have to fret about how the country will cover its financing needs next year.
And some private equity firms are finding it difficult to raise the financing needed to fund leveraged buyouts.
In the 1960s, a number of industrial nations faced increasing difficulties in meeting their financing needs through local capital markets.
Financing needs: variable.
Financing needs: still limited.
Financing needs: minimal.
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