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   
BING NEWS:
  • World's oldest bank could become EU's newest problem
    Banca Monte dei Paschi di Siena prides itself on being the world's oldest bank but could, along with its peers ... find a way forward and avoid taking the path that eventually led Spain to seek an EU bailout for its banks in 2012. The Italian daily ...
    07/6/2016 - 1:46 am | View Link
  • Italy's Collapse Threatens EU's Financial System, IDF Prepared For Hezbollah Attack,
    Well, we all saw how difficult it was for the rest of Europe to come up with a plan to rescue Greece. But Greece is relatively ... Things have already gotten so bad that the European Central Bank is now monitoring liquidity levels at Monte dei Paschi ...
    03/8/2016 - 11:00 am | View Link
  • The Latest: Germany says EU's hands tied until referendum
    2:50 p.m. Former Prime Minister Costas Karamanlis is urging fellow Greeks to vote 'yes' in Sunday's referendum because the alternative could entail dangers to the country's security and bring even more ... could get a new rescue deal for Greece quickly ...
    07/2/2015 - 1:12 am | View Link
  • EU’s easy-money endgame
    Only one difference exists between the two episodes: In today’s crisis, huge international rescue packages have been available ... Indeed, for countries like Greece, Portugal or Spain, regaining competitiveness would require them to lower the prices ...
    03/30/2015 - 5:16 am | View Link
  • EU’s New Crisis Model Gives Spain More Time for Cuts
    Rajoy’s budget package came as Spain finalizes the conditions of a 100 billion-euro bank rescue bank that will allow International ... With the extra year, Spain has until 2014 to bring its deficit within the EU’s 3 percent limit.
    07/11/2012 - 11:06 am | View Link
  • More
BING SEARCH:
  • International News | World News
    Yahoo!-ABC News Network | © 2016 ABC News Internet Ventures. All rights reserved.
    08/22/2016 - 9:27 am | View Website
  • World
    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news ...
    08/22/2016 - 7:04 am | View Website
  • European debt crisis
    The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural ...
    08/22/2016 - 6:21 am | View Website
  • Money: Personal finance news, advice & information
    Latest news, expert advice and information on money. Pensions, property and more.
    08/22/2016 - 5:31 am | View Website
  • News Line — RT
    A total of 918 migrants, which include women and children, have been stopped off the western coast of Turkey on boats trying to land in Europe this month, the Anadolu ...
    08/21/2016 - 12:13 pm | View Website
  • More
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 Business News