Mama Knows News: EU, Germany exploring Spanish rescue, no request yet

Wednesday, June 6, 2012

EU, Germany exploring Spanish rescue, no request yet

MADRID/BERLIN (Reuters) - Germany and European Union officials are urgently exploring ways to rescue Spain's debt-stricken banks although Madrid has not yet requested assistance and is resisting being placed under international supervision, European sources said on Wednesday. Spain, the euro zone's fourth biggest economy, said on Tuesday it was effectively losing access to credit markets due to prohibitive borrowing costs and appealed to European partners to help revive its banks. ...

EU, Germany exploring Spanish rescue, no request yet
Wed, 06 Jun 2012 20:58:00 GMT

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Wednesday, June 6, 2012

EU, Germany exploring Spanish rescue, no request yet

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