MADRID — Europe offered Spain a lifeline Saturday to rescue its deeply indebted banks, after Madrid begrudgingly acknowledged that it would become the fourth and largest Eurozone government to seek aid to contain the continent's debt crisis.
Tuesday, June 12, 2012
Spain says it will accept debt aid from Eurozone
The nation's economy minister is careful to avoid the word 'bailout' when announcing that the government will request assistance from European rescue funds.
MADRID — Europe offered Spain a lifeline Saturday to rescue its deeply indebted banks, after Madrid begrudgingly acknowledged that it would become the fourth and largest Eurozone government to seek aid to contain the continent's debt crisis.
MADRID — Europe offered Spain a lifeline Saturday to rescue its deeply indebted banks, after Madrid begrudgingly acknowledged that it would become the fourth and largest Eurozone government to seek aid to contain the continent's debt crisis.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment