A Look At The 4 Eurozone Countries With Bailouts

Spain

Europe agreed Saturday to allow Spain to tap a rescue fund of up to (EURO)100 billion ($125 billion) to bail out its troubled banks, which are struggling under the weight of soured real estate loans after a Spanish housing bubble burst. Spanish Economy Minister Luis de Guindos said the country will reveal how much money it needs within coming weeks, after audits of its financial sector are completed.

Sections:  news   world   
RELATED ARTICLES
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Pope hints at possible changes to scandal-ridden Vatican bank
    Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More
BING NEWS:
  • Developing and adpoting A1
    Artificial Intelligence (AI) has not just made a splash but a global tidal wave. Its potential to enhance the lives of people worldwide is staggering. From education and healthcare to agriculture and ...
    04/19/2024 - 4:01 pm | View Link
  • Two countries inexorably linked
    As a first-generation Greek migrant to Australia, and as the first Greek-born, and first female Australian ambassador to Greece, I am proud to have had the opportunity to contribute to both my ...
    04/18/2024 - 6:29 pm | View Link
  • Ford's new electric car and adventurer Lexie Limitless set a world record by circumnavigating the globe
    Ford Explorer EV, driven by adventurer Lexie Limitless, becomes the first EV to circumnavigate the globe, following in the steps of Aloha Wanderwell. All-new Explorer goes on sale.
    04/17/2024 - 6:00 pm | View Link
  • Eurozone inflation eases: Trends across the continent and ECB rate expectations
    As new eurozone inflation figures are released, Euronews looks at recent trends in euro area inflation, including shifts in key components, differences among member countries - and market expectations ...
    04/17/2024 - 12:10 am | View Link
  • Editorial Roundup: United States
    Excerpts from recent editorials in the United States and abroad: ...
    04/16/2024 - 8:08 am | View Link
  • More

 

Comment On This Story

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 World News