The Independent
| 9 months ago
News in pictures Suggested Topics Beleaguered Spain began the lengthy task of propping up its debt-laden banks yesterday as the nation's sixth-biggest bank set out plans to raise 2.5bn (£2bn). The fund raising by Banco Popular came in the wake of an...
Turks and Caicos Free Press
| 9 months ago
Spain is ready to request a euro zone bailout for its public finances as early as next weekend but Germany has signaled that it should hold off, European officials said on Monday. The latest twist in the euro zone's three-year-old sovereign debt...
Reuters
| 9 months ago
Topics Spanish Prime Minister Mariano Rajoy (R) and E.U Economic and Monetary Affairs Commissioner Olli Rehn pose for photographers at the start of their meeting at Madrid's Moncloa Palace October 1, 2012. Spain is ready to request a euro zone...
Seattle Post Intelligencer
| 9 months ago
Europe's commissioner for monetary affairs, Olli Rehn , said Monday that Spain had as not yet asked for a bailout package and added that he was confident the recession-strapped country would meet its stated deficit reduction goals. Spain is under...
The Economic Times
| 9 months ago
Spain's 2012 deficit target of 6.3 per cent is within reach, EU Economic and Monetary Affairs Commissioner Olli Rehn said on Monday. Speaking in Madrid after a meeting with Spanish Economy Minister Luis de Guindos, Rehn said European aid to Spanish...
The Economic Times
| 9 months ago
European powers are "ready to act" if Spain seeks a sovereign bailout, a top official said Monday, as financial markets banked on Madrid crying out for help within days. As signs gathered that the eurozone's fourth biggest economy was entering the...