Spain Debt, Country Bailout | featured news

Euro Watch: Spanish Borrowing Costs Touch 7 Percent

Europe Debt Crisis

European leaders faced increasing pressure on Thursday to respond to the euro crisis, as Spanish bond yields hit a level that has triggered full bailouts of other nations.

 

IMF: Spanish banks need $46 billion

Spain Bailout

Spain's banks need at least 40 billion euros (about $46 billion) in fresh capital to preserve the country's financial stability, the International Monetary Fund said Friday in an eagerly-awaited report.

 

Spain: bailout decision could come this month

Spain could decide this month to ask for a bailout for its troubled banking sector, a step that would make it the fourth country in the 17-member eurozone to seek help since the EU debt crisis broke out....

 

Subscribe to this RSS topic: Syndicate content