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Relentless market pressure pushes Spain closer to bailout

By: Yossel in SPAIN | Recommend this post (0)
Tue, 24 Jul 12 3:46 PM | 1165 view(s)
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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




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