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Montevideo, January 29th 2023 - 15:56 UTC

 

 

Spanish banks need 62bn Euros; full bail-out of the country in the drawing board

Friday, June 22nd 2012 - 07:36 UTC
Full article 1 comment

Spain's medium-term borrowing costs spiralled to a Euro-era record on Thursday and independent auditors said Spanish banks may need up to 62 billion Euros in extra capital, to be filled mostly by a Euro zone bailout. Read full article

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  • Englander

    Under instructions from the EU Facists, Italy will lend dosh to Spain at 3% interest but will be forced to borrow the self same dosh at 7%.
    Hmmm..... Italy next in line for a bail out...and to think we pay these Euro MP's and other assorted Europrats

    Jun 22nd, 2012 - 03:21 pm - Link - Report abuse 0

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