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.

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ASK NEWS:
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BING NEWS:
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    02/20/2014 - 6:20 am | View Link
  • IMF Head Praises Spanish Banks
    Christine Lagarde, the head of the International Monetary Fund, had good things to say about Spain on Thursday, Reuters reports. The IMF chief told reporters in Seoul that Spain’s banking sector had made a lot of progress and that it was showing signs ...
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  • IMF Urges Spanish Banks to Increase Capital Buffers
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  • Deepening Spanish credit crunch could hit banks, economy, says IMF
    The IMF, which is monitoring Spain's banking reforms after a European bailout last year, said in a report on Monday the lenders' solvency had improved. But economic problems including record unemployment had left the sector mired in a deepening credit crunch.
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    04/19/2014 - 12:29 am | View Website
  • International Monetary Fund
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    04/18/2014 - 10:49 pm | View Website
  • Spain and the IMF -- Page 1 of 19
    Material about Spain and its activities with the IMF
    04/18/2014 - 3:01 am | View Website
  • World Bank / IMF FAQs | Global Exchange
    What is the World Bank? Created at the Bretton Woods Conference in 1944, The World Bank Group is comprised of five agencies that make loans or guarantee credit to its ...
    04/17/2014 - 10:57 pm | View Website
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