The Euro Cup-a football competition enveloping the cream of European countries, has kick started with surprises aplenty with the tournament favorites, Netherlands losing in their opening encounter against the less-fancied Denmark. While everyone’s eyes are on Poland and Ukraine, who are the tournament hosts, the financial world are slowly coming to grips with the bailout of Spain. As the news broke that the euro zone had agreed to lend Spain up to $125 billion to overturn the ailing banking industry, analysts have begun to wonder if the EU leaders had finally begun to understand the market fundamentals.

Memories not so long ago during the European debt crisis, the plans aimed at drawing a line under the problem have appeared to be behind market expectations, exhibiting the impression that each measure has yet to catch up to the curve. Whether it was the bailout of Greece, Ireland or Portugal, by the time the deal was finally done, investors had moved on to worry about another factor that euro zone leaders had not yet dealt with, usually due to their need to get through a bailout, either at the EU level or domestically.

This week could therefore be critical if it marks the weekend that the EU finally gets ahead of the market expectations. The deal on Spain happened pretty quickly, compared with the other major bailouts. This deal is somewhat different, as it is not a bailout of a sovereign nation, but a loan to recapitalize one nation’s banks. While many have argued for some time that Spain’s economy is in serious trouble and would need a bailout of some sort at some time, this deal to support the ailing banks has been pulled off in a fairly fast manner.

It is huge news in the scheme of affairs and the focus of investor attention, removing the chance for investors to get ahead of the crisis plan. It was almost like someone behind the scenes has finally awakened to market expectations, and is trying to get ahead of them. The other problem is that Greece election is still too close to call and could throw a twist into the mechanism just as things began to start looking up.

Well, one thing is for certain-just as the Euro Cup is throwing surprises aplenty with each passing day, the following days could be equally critical in the financial sense!