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Debt crisis: Eurozone finance ministers to discuss Spain request for bank bailout

By: Yossel in SPAIN | Recommend this post (0)
Sat, 09 Jun 12 1:58 PM | 370 view(s)
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Debt crisis: Eurozone finance ministers to discuss Spain request for bank bailout

Spain is expected to request assistance with recapitalising its debt-laden banks today, with the IMF saying in a report rushed out late last night that at least €40bn is needed.

While the IMF says Spain needs at least €40bn from the eurozone to prop up, JP Morgan puts it a up to €350bn.

link-
http://www.telegraph.co.uk/finance/financialcrisis/9321157/Debt-crisis-Eurozone-finance-ministers-to-discuss-Spain-request-for-bank-bailout.html




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