Tag: Eurogroup

• Monday, June 25th 2012 - 20:46 UTC

  Spain formally request Euro zone rescue to recapitalize debt-laden banks

  

  Spain on Monday formally requested Euro zone rescue loans to recapitalise its debt-laden banks as the Euro and shares fell on investor scepticism about this week's EU summit.

• Monday, June 25th 2012 - 20:09 UTC

  EU summit to address banking union, fiscal integration and sovereignty issue

  

  European leaders will discuss specific steps towards a cross-border banking union, closer fiscal integration and the possibility of a debt redemption fund at a summit on June 28-29, according to a document prepared for the meeting.