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Spain Could Ask For Bank Bailout This Weekend

Huffington Post
Sunday, 10 June 2012

MADRID — Spain became the fourth and largest country Saturday to ask Europe to rescue its failing banks, a bailout of up to (EURO)100 billion ($125 billion) that leaders hoped would stabilize a financial crisis that threatens to break apart the 17-country eurozone.

The rescue offer follows growing pressure from international...
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Source: Bloomberg - on June 11, 2012

News video: Spanish Bank Bailout Seen to Push Up Bond Yields

Spanish Bank Bailout Seen to Push Up Bond Yields

June 11 (Bloomberg) -- Kathleen Brooks, research director at Forex.com, a unit of online currency trading company Gain Capital Holdings Inc., talks about Spain's bank bailout and the Greek elections. She speaks with Linzie Janis and Mark Barton on Bloombe

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