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   
  • The EU’s “suicide by reality denial”
    Even if Hillary is elected (aka appointed by the US ‘deeps state’), such a huge economic rescue program for the Ukraine ... What the EU has done is essentially a form of “suicide by reality denial”. What follows next will have to be regime change ...
    04/6/2016 - 1:00 pm | View Link
  • How Spain And The Netherlands Could Ease EU’s Energy Dependence On Russia
    ... the largest liquefaction capacity in Europe and a good distribution system – could allow Spain to come to Europe’s rescue, according to Sedigas, the country’s gas association. “Spain has one of the safest and most diversified gas systems in Europe.
    04/28/2014 - 6:44 pm | View Link
  • EU's Plight: Sadism or a Cold-Blooded Takedown?
    Spain's unemployment is 25.8pc and may reach 30pc next year. Yet there is no longer any immediate catalyst or external umpire in the markets that can bring this mass civic abuse to an end. Unless the Bundestag comes to the rescue by refusing to pay for any ...
    11/8/2012 - 11:00 am | View Link
  • Ireland gets its reward for being EU's little pet poodle -- nothing ... bloc's rescue fund could start recapitalising ailing banks next year, a French government source said. REUTERS/Sebastien Pirlet The Government has only itself to blame for the disappearance of a deal on bank debt ...
    10/20/2012 - 6:00 pm | 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
  • World
    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news ...
    10/22/2016 - 2:24 am | View Website
  • Europe’s Future Will Be Decided at a Quaint Renaissance ...
    Europe’s Future Will Be Decided at a Quaint Renaissance Italian Bank. Italy’s third largest bank needs a bailout. What happens next could mean a revolution in ...
    10/21/2016 - 3:54 pm | View Website
  • Money: Personal finance news, advice & information
    Latest news, expert advice and information on money. Pensions, property and more.
    10/21/2016 - 7:05 am | View Website
  • Economy of Spain
    Spain had continued on the path of economic growth when the ruling party changed in 2004, maintaining robust GDP growth during the first term of prime minister José ...
    10/21/2016 - 6:43 am | View Website
  • News Line — RT
    Iceland would welcome Britain, its biggest trading partner, back into the European Free Trade Association (EFTA), Icelandic Foreign Minister Lilja Alfredsdottir said ...
    10/21/2016 - 5:46 am | 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