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   
  • One Bank to Rule Them All: The Bank for International Settlements - Global Research
    ... bankers, yet in many ways it can aid some countries ... saying that even if he did accept the ... Ivo Maes, “The BIS and the Latin American ...
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    Bad debt ratio slashed to 3.21 ... units to store goods for aid in flood ... countries, with the US, Spain, Colombia ... stop administrative ...
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  • The Sell-Out of Greece by SYRIZA and the Bankruptcy of the Globalist ... - Global Research
    ... in Greece and PODEMOS in Spain but ... restructuring of European debt; ... of solidarity and mutual aid, in place ... he was allegedly ...
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  • The smartest economist you’ve never heard of - Washington Post
    He also feared that any debt restructuring, as it is politely called, might make it difficult and more expensive for other European banks to...
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  • Spain Aid Hits Obstacles
    A potential Spanish request for financial aid is becoming caught up in tangled diplomacy between euro-zone capitals, despite Madrid's new willingness to push ahead. A day after a senior Spanish official told reporters that German concerns were preventing ...
    10/16/2012 - 8:47 pm | View Link
  • Rajoy says Spain won't request aid this weekend
    or that they are not right," Rajoy said with a smile when asked about the Reuters' report. "But, if it helps, and you accept that what I say is more important than this leak, I say no (we won't ask for aid this weekend.)" Spain is the current focus of ...
    10/2/2012 - 11:09 am | View Link
  • 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 - 12:39 am | View Link
  • Italy, Spain to Shun Aid Unless Yields Jump, Polillo Says
    21 (Bloomberg) -- Italy and Spain won’t request bailouts unless a new surge in bond yields leaves them shut out of markets, as no government will voluntarily accept conditions imposed for the aid, a senior ... the bank would buy debt of distressed ...
    09/20/2012 - 7:21 pm | View Link
  • Spain urged to seek aid despite strong bond sale
    Mariano Rajoy that he is in no rush to request aid from the European Union, and therefore accept their bailout conditions." He pointed out that Spain had now auctioned more than 82 percent of its intended debt issuance for the year. "Time is very much on ...
    09/20/2012 - 2:22 am | View Link
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  • Spain says it will accept debt aid from Eurozone
    MADRID — Europe offered Spain a lifeline Saturday to rescue its deeply indebted banks, after Madrid begrudgingly acknowledged that it would become the ...
    06/11/2012 - 10:03 am | View Website
  • Spain Accepts Debt Aid
    Spain Accepts Debt Aid. Pablo Blazquez Dominguez / Getty Images. Spain has agreed to accept aid that may total as much as $125 billion as it scrambles to ...
    10/11/2006 - 7:57 pm | View Website
  • PressTV-'Spain ready to accept financial aid'
    European officials say Spain is ready to accept a bailout to repair its deficit-laden finances.
    | View Website
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