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   
  • Spain aid request would help Europe: Italian official
    ROME (Reuters) - A request by Spain for help to lower its borrowing costs would be welcomed by markets and would be good for the euro zone but Italy would not necessarily follow suit, the head of Italy’s debt management ... request for aid and a similar ...
    10/15/2012 - 1:00 pm | View Link
  • Spain's Catalonia region
    Catalonia is also the region in Spain with the heaviest debt: 42 billion euros, 21 percent of its regional GDP. Last month it asked the cash-strapped central government in Madrid for 5 billion euros in emergency aid to ... Spain will accept a change ...
    09/11/2012 - 1:00 am | View Link
  • Spain's PM expects "reasonable" terms for any new aid
    Spain has already received aid ... debt. But he said the bank would only act after a request to the euro zone rescue fund, something that would come with strict conditions. “I will look at the conditions. I would not like, and I could not accept, being ...
    09/9/2012 - 1:00 pm | View Link
  • Spain’s Bond Yields Move Above 7%
    The three forces have joined to make Spain’s own sovereign debt unattractive. And the 7% payout needed to borrow money is a sign that capital markets investors demand that level to accept the risk ... for Spain to take the aid. According to MarketWatch ...
    07/8/2012 - 6:27 pm | View Link
  • 2012 Article IV Consultation with Spain--Concluding Statement of IMF Mission
    Describes the preliminary findings of IMF staff at the conclusion of certain missions (official ... double-dip recession with unemployment already unacceptably high, public debt increasing rapidly, and segments of the financial sector needing recapitalization.
    06/15/2012 - 4:36 am | View Link
  • More
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place in the European Union since the end of 2009.
    04/20/2018 - 2:51 am | View Website
  • Euro-zone debt crisis |
    Euro-zone debt crisis: period of economic uncertainty in the Euro zone beginning in 2009 that was triggered by high levels of public debt, particularly in the countries that were grouped under the acronym “PIIGS” (Portugal, Ireland, Italy, Greece, and Spain).
    04/19/2018 - 7:49 pm | View Website
  • Spain
    Spain - The Visigothic kingdom: The Hispano-Roman population did not easily absorb the Visigoths. Because the Suebi maintained an independent kingdom in Galicia and the Basques steadfastly opposed all attempts at subjugation, the Visigoths did not control the entire peninsula.
    04/19/2018 - 3:38 pm | View Website
  • The Periphery of Francia: Spain, Britain, Eastern Europe ...
    These years were largely those of the Omayyad Amirs and Caliphs, who may be said to have presided over the Golden Age of Islâmic Spain. The suprisingly rapid decline of the Omayyads in the 11th century quickly led to complete political fragmentation and to grave vulnerability to the rising Christian Kingdoms.
    04/19/2018 - 5:30 am | View Website
    Early Settlement. Jews lived in Spain in very early times, although the legend that Solomon's treasurer Adoniram died there, as well as the story that the Jews of Toledo, in a letter addressed to the Sanhedrin at Jerusalem, declared against the crucifixion of Jesus, can not be credited.
    04/18/2018 - 6:31 pm | View Website
  • More
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