Comment On Imf: Spanish Banks Need $46 Billion

IMF: Spanish banks need $46 billion

Spain Bailout

Spain's banks need at least 40 billion euros (about $46 billion) in fresh capital to preserve the country's financial stability, the International Monetary Fund said Friday in an eagerly-awaited report.

Sections:  world   
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour busSwedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
  • Portugal bond yields rise as 15-year sale adds to supply glut - Reuters
    ... on Wednesday via a syndicate of banks, comes on ... Portugal, which emerged from its EU/IMF bailout ... Spanish and Italian equivalents were ...
    09/2/2014 - 12:16 pm | View Link
  • EU Banking Union Reference Guide to Key Dates, Coming Milestones - Washington Post
    EU Banking Union Reference Guide to Key Dates, Coming Milestones - Bloomberg
    08/28/2014 - 7:30 am | View Link
  • The New Silk Road Leads to The Future of Mankind! - Executive Intelligence Review
    2008, the TBTF (too-big-to-fail) banks are, on ... way, in an interview with the Spanish newspaper ... supranational institutions such as the ...
    08/28/2014 - 5:52 am | View Link
  • Spanish GDP growth gathers speed - Deutsche Welle
    The country's banks were heavily exposed to the collapse, and urgently needed recapitalization . The ECB/EU/IMF eventually stepped in with a...
    08/28/2014 - 5:08 am | View Link
  • Spaniards don't buy the message - Deutsche Welle
    ... offered advice on how to deal with banks and the ... dip recession and in July the IMF revised upward its growth forecast for the Spanish ...
    08/26/2014 - 3:40 pm | View Link
  • More
  • IMF urges Spanish banks to boost capital in order to be able to lend more
    The IMF on Thursday urged Spanish banks to take advantage of the improved conditions in the stock market to issue shares to boost their capital in order to be able to lend more and help the recovery. A “top priority is for supervisors to continue ...
    02/21/2014 - 8:43 am | View Link
  • Deepening Spanish credit crunch could hit banks, economy, says IMF
    MADRID (Reuters) - Spain's economic problems could tempt its banks to cut lending further, but they need to resist this and boost their capital ratios by cutting cash dividends or issuing new shares instead, The International Monetary Fund said. The IMF ...
    07/15/2013 - 3:40 am | View Link
  • Deepening Spanish credit crunch could hit banks, economy, says IMF
    Spanish banks, crippled by a 2008 property market crash, had to make billion of euros worth of provisions against losses last year to repair their balance sheets. The sector had to be bailed out with 41 billion euros ($53.5 billion) in European aid to ...
    07/14/2013 - 11:17 pm | View Link
  • IMF Says Spanish Banks Need More Capital in Stress Tests
    Spain’s banking system would need 37 billion euros ($46 billion) in additional capital to cope with worsening economic conditions, the International Monetary Fund said in a report, which the country will use to help determine what international support ...
    06/9/2012 - 9:44 am | View Link
  • IMF says Spanish banks need nearly $50 billion
    (AP) WASHINGTON - The International Monetary Fund is estimating that Spanish banks need at least a euro40 billion ($49.87 billion) capital injection following a stress test it performed on the country's financial sector. The lending institution said Friday ...
    06/8/2012 - 8:19 pm | View Link
  • More
  • IMF/WB/Central Banks.doc
    IMF/WB/Central Banks.doc Document Transcript. WEB LINK INFORMATION IMF&WORLD BANK:GENERAL ...
    09/17/2014 - 3:03 pm | View Website
  • IMF -- International Monetary Fund Home Page
    IMF Home page with links to News, About the IMF, Fund Rates, IMF Publications, What's New, Standards and Codes, Country Information and featured topics
    09/17/2014 - 11:42 am | View Website
  • World Bank / IMF Fact Sheet | Global Exchange
    Examination of the effects and requirements set by the International Monetary Fund and World Bank, which give money to poor governments in return for possibly ...
    09/16/2014 - 11:32 pm | View Website
  • Bank of Spain
    Spanish Banks and Banking Review - News, information about banks, offices and ATMs across the Spain, including maps, addresses and working hours.
    09/16/2014 - 11:29 am | View Website
  • Annual Meetings of the International Monetary Fund and the ...
    The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring ...
    09/16/2014 - 8:59 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News