Relentless market pressure pushes Spain closer to bailout
(Reuters) - Spain paid the second highest yield on short-term debt since the birth of the euro at an auction on Tuesday, reflecting a growing belief that the country will need a full sovereign bailout that the euro zone can barely afford.
Paul Day and Julien Toyer
MADRID
Tue Jul 24, 2012 6:48am EDT
link-
http://www.reuters.com/article/2012/07/24/us-spain-debt-idUSBRE86N0B520120724