Eurogroup confirms up to 100-bln-euro aid ready for Spain’s banks

BRUSSELS/MADRID, June 9 (Xinhua) — Eurozone finance ministers confirmed on Saturday that the single-currency area is ready to offer up to 100 billion euros (about 125 billion U.S. dollars) in financial aid to rescue Spain’s ailing banking sector. “The loan amount must cover estimated capital requirements with an additional safety margin, estimated as summing up […]

10 June , 2012Comments Off on Eurogroup confirms up to 100-bln-euro aid ready for Spain’s banksRead More