Spain Says It Will Accept Debt Aid From Eurozone

The nation's economy minister is careful to avoid the word 'bailout' when announcing that the government will request assistance from European rescue funds.MADRID — Europe offered Spain a lifeline Saturday to rescue its deeply indebted banks, after Madrid begrudgingly acknowledged that it would become the fourth and largest Eurozone government to seek aid to contain the continent's debt crisis.

Topics:  european   spain   madrid   eurozone   europe   madrid   debt   aid   government   rescue   
  • Athens Tests the Waters as Another Bailout Review Nears - Stratfor
    ... relent on its timeline for such aid. ... in the eurozone, including Spain ... be difficult to accept for some German conservative lawmakers. ...
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  • Rajoy says Spain won't request aid this weekend
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  • German finance min: no need for more Spain aid
    Analysts say stock and bond markets have risen in Europe on speculation that Madrid will accept some form of aid. Spain is due to announce new ... to a report from the country's international debt inspectors expected next month. That report will determine ...
    09/21/2012 - 3:39 am | View Link
  • As Uncertainty About Bailout Lingers, Spain Sells $6 Billion in Short-Term Debt
    LONDON — Spain took advantage of improved bond-market sentiment in the euro zone to sell government debt on Tuesday ... Governments will need to request help, however, and accept conditions under the plans outlined by the central bank.
    09/18/2012 - 2:54 pm | View Link
  • Spain Calls Europe’s Bluff as Region’s Debt Crisis Eases
    Europe's four-year old debt crisis seems to be in remission ... to suggest that it may not need aid after all. "I don't know if Spain needs to ask for it," Spain's Prime Minister Mariano Rajoy told parliament on Wednesday, referring to external aid.
    09/13/2012 - 12:52 am | View Link
  • Italy and Spain coy over rescue fund aid
    Italy and Spain both declined to say whether they would request that Europe’s rescue fund buy their governments’ debt after Mario Draghi, European Central Bank president, said no such aid would come ... from the ECB to accept a painful economic reform ...
    08/1/2012 - 7:45 pm | View Link
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  • 2008–15 Spanish financial crisis
    Banks have begun to accept "deed-in-lieu deals" in which ... Spain's public debt stood ... raising the prospect of a second aid program for Madrid following the ...
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  • Germany pushes Spain to accept aid –
    Germany pushes Spain to accept aid. Advertising. ... when we need to refinance our debt." The European Central Bank holds its monthly policy review later today ...
    07/17/2016 - 4:19 am | View Website
  • Spain's Rajoy meets Italian counterpart Monti, rules out outside debt aid
    Spain's Rajoy meets Italian counterpart Monti, rules out outside debt aid ... cannot be taken away but because we will not accept threats of this ...
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