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:
  • A bitcoin-like solution for Greece - Yahoo! Finance
    ... bigger payment of 750 million euros to the IMF. ... the recent sharp rise in Italian, Spanish and ... 4. Greek banks could hold this hybrid ...
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BING NEWS:
  • Greece is again standing the edge of the financial abyss
    People are already flooding out of the country and money out of its banks. In groundhog day fashion, the Greek government faces yet another debt deadline next week, on June 5, when it must make a €1.5b repayment on IMF loans. Unlike the last few such ...
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  • MARKET REPORT: Joe and Joan Public enjoyed strong income stream last year and FTSE 100 housebuilders in top 15 dividend yielders
    This has replenished land banks and provided transparency of land for three to four ... uncertainty that Greece will default on €1.6bn of loan repayments due to the IMF in June, dragged the Footsie 82.73 points lower to 6948.99. Wall Street didn ...
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  • Greek threat to default on loans slams stocks, euro
    Its economists said that missing a payment to the ECB would be more risky than missing one to the IMF, since the ECB is providing emergency liquidity assistance (ELA) to Greece’s ailing banks ... The Italian, Spanish and Portuguese markets also ...
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  • Stock markets, euro hit by Spanish and Greek concerns
    Spanish banks were among the biggest underperformers ... “It is questionable whether Greece can make the payment due to the IMF on June 5th, followed by another large payment on June 12th. It will be touch and go.” Greece must repay four loans ...
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BING SEARCH:
  • Spain and the IMF -- Page 1 of 20
    Material about Spain and its activities with the IMF
    05/27/2015 - 10:47 am | View Website
  • IMF -SDDS Spain
    At the national level, data sharing and coordination for Balance of Payments purposes are established among Banco de España and the following institutions:
    05/26/2015 - 4:46 pm | View Website
  • iMFdirect
    The International Monetary Fund's interactive global economy forum
    05/26/2015 - 5:47 am | View Website
  • The World Bank and The International Monetary Fund ...
    Through loans, often to governments whose constituents suffer the most under the global economy, and "structural adjustment" policies, the World Bank (WB ...
    05/26/2015 - 3:45 am | View Website
  • Spanish Banks Review
    Spanish Banks and Banking Review - News, information about banks, offices and ATMs across the Spain, including maps, addresses and working hours.
    05/25/2015 - 8:04 am | View Website
  • More

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