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   
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  • Analysis: EU’s Spain Bank Rescue May Bring only Brief Respite
    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. After weeks of insisting ...
    06/10/2012 - 11:10 pm | View Link
  • EU's Spain bank rescue may bring only brief respite
    After weeks of insisting that Spain needed no assistance to recapitalize lenders crippled by bad debts from a burst real estate bubble, Prime Minister Mariano Rajoy was pushed into requesting an aid package for fear of worse disaster to come, European ...
    06/10/2012 - 12:25 pm | View Link
  • Analysis
    After weeks of insisting that Spain needed no assistance to recapitalise lenders crippled by bad debts from a burst real estate bubble, Prime Minister Mariano Rajoy was pushed into requesting an aid package for fear of worse disaster to come, European ...
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