Eu's Spain Bank Rescue May Bring Only Brief Respite

PARIS (Reuters) - Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece's debt crisis flares again but any respite for Madrid and the euro may be short-lived.

Topics:  paris reuters     euro   spain   eu-funded   greece   madrid   bank   rescue   respite   
ASK NEWS:
  • Europe as a republic: the story of Europe in the twenty first ... - Open Democracy
    ... that stands for Europe, the EU. ... European Council where the rescue of ... at the European Central Bank, the ... in the organic body of ...
    06/29/2015 - 3:49 pm | View Link
  • Greek drama takes a sudden turn for the worse - FXStreet.com
    In any event, the EU and the ... Spain is even bigger. ... ECB to the rescue The ECB is ... are likely to bring forward ... On Wednesday, the ...
    06/29/2015 - 3:33 pm | View Link
  • Arthur Beesley: market ructions over Greece has ominous echoes of ... - Irish Times
    ... was led into the EU/IMF ... Bank of Ireland shares ... of Portugal, Italy, Spain and ... zone crisis would bring clear ... loans from the ...
    06/29/2015 - 1:49 pm | View Link
  • Arthur Beesely: market ructions over Greece has ominous echoes of ... - Irish Times
    ... was led into the EU/IMF ... Bank of Ireland shares ... of Portugal, Italy, Spain and ... zone crisis would bring clear ... loans from the ...
    06/29/2015 - 12:37 pm | View Link
  • Greece: Waiting for a Referendum - Stratfor
    The European Central Bank announced ... before a general election in Spain. ... finance ministers and EU officials ... the current bailout ...
    06/29/2015 - 6:05 am | View Link
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BING NEWS:
  • Greece: Markets React — Live
    Mr. Stovall points out that Greece accounts for less than 2% of the EU’s GDP growth ... “The rescue policy of the euro members also shouldn’t be considered a failure per se, as the positive examples of Ireland, Spain, Portugal and Cyprus show.”
    06/29/2015 - 9:34 am | View Link
  • How will Grexit affect euro zone? No one knows
    It was only when European Central Bank chief Mario Draghi pledged in 2012 to do “whatever it takes” to keep the euro together that the crisis abated, not least because a battery of firewalls and rescue funds ... for the EU’s peace project and the ...
    06/28/2015 - 2:41 pm | View Link
  • Greek debt crisis is the Iraq War of finance
    He more or less accused them of trying to destroy an elected government and bring about regime ... the primary task of a central bank to act as a lender of last resort. It sent secret letters to the elected leaders of Spain and Italy in August 2011 ...
    06/18/2015 - 12:00 pm | View Link
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  • Spain Facts, information, pictures | Encyclopedia.com ...
    TAXATION. As of 2005, Spain had a basic corporation tax rate of 35%. A reduced rate of 30% is applied to companies with annual turnover of less than € 6 million in ...
    06/30/2015 - 2:07 am | View Website
  • Daily Sun
    Two youths die from clash injuries at CMCH ; Ringleader among 5 fake currency racketeers held in city ; Moderate quake jolts country ‘Motorcycle lifter’ injured ...
    06/29/2015 - 11:44 pm | View Website
  • Euro crisis latest news, commentary and analysis from the ...
    Euro crisis latest news and analysis on the euro debt crisis and possible financial contagion in eurozone
    06/29/2015 - 11:01 pm | View Website
  • European Union
    The European Union (EU) is a politico - economic union of 28 member states that are located primarily in Europe. The EU operates through a system of supranational ...
    06/29/2015 - 7:47 pm | View Website
  • Europe's Economy
    Europe's economy is set to remain in recession through 2013, making it harder for eurozone nations such as Spain, Italy and possibly even France to hit critical ...
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