Spain To Make Official Aid Request Monday

Spain's government said Friday it plans to make its official request for EU aid for its banking sector Monday, as discussions continue on ways to inject European aid funds directly into ailing Spanish banks.

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    This, for Draghi’s (and everyone else’s) eyes only, from Tuesday’s FT: A senior official within the Spanish ministry ... perhaps hope to have its cake and eat it – i.e. only request aid when forced to do so but with the necessary market pressures ...
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  • Spain to ask for bailout next month
    Spain ... said a senior official who is directly involved in talks about a potential Spanish aid. The official spoke on the condition of anonymity because of the sensitive nature of the discussions. Asked to clarify if this meant an aid request was ...
    10/14/2012 - 8:59 pm | View Link
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  • UPDATE 3-Investors increase pressure on Spain to seek aid
    6, but Rajoy has not made his position on aid clear, fuelling the renewed sell off ... seen as a face-saving move to comply with European demands before making an official request. “We believe Spain is paving the way to requesting a precautionary ...
    09/17/2012 - 1:00 pm | View Link
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