Spain expected this weekend to ask help from the Euro zone to bail out its banks

Saturday, June 9th 2012 - 05:08 UTC

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Spain is expected to ask the Euro zone for help with recapitalising its banks this weekend, sources in Brussels and Berlin said on Friday, becoming the fourth country to seek assistance since Europe's debt crisis began. Read full article

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ChrisR
“The government of Spain has realised the seriousness of their problem,” a senior German official said.

You don't say.

I love these statements of the bleeding obvious by 'officials'.
Jun 09th, 2012 - 09:38 pm - Link - Report abuse 0
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