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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  • Spain says a third Greek bailout under discussion
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    Ten-year yields stayed below 10 percent even after Germany rejected Greece’s request, saying its offer doesn’t meet the euro region’s conditions for continuing aid. Spanish and Italian ... easing last month, an official account of the meeting showed ...
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    As such, MS now sees late March (after the new Italian government is in place) as the earliest timing for Spain to make an official ESM aid request in order for the ECB to start the aggressive purchases of short-term Spanish bonds. That, according to MS ...
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  • Spain aid request would be good for Europe: Italy Treasury official
    Maria Cannata said in a television interview with Sky Italia that from a financial point of view Italy's current 10-year bond yields of almost 5 percent could be maintained indefinitely, noting that the level was low by historical standards. "The market ...
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