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| TEXT - Spain asks euro zone finance ministers for help Reuters India "The Eurogroup supports the efforts of the Spanish authorities to resolutely address the restructuring of its financial sector and it welcomes their intention to seek financial assistance from euro area Member States to this effect. See all stories on this topic » | ||
| Eurozone finance ministers approve aid to Spain's banks GMA News German Finance Minister Wolfgang Schaeuble hailed the agreement between Madrid and eurozone finance ministers to provide financial aid for distressed Spanish banks. "I welcome, like other Eurogroup colleagues, the Spanish government's determination to ... See all stories on this topic » | ||
| Eurozone agrees to lend Spain up to 100 billion euros | Reuters By Jan Strupczewski and Julien Toyer | BRUSSELS/MADRID (Reuters) - Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much ... See all stories on this topic » | ||
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| EU Discusses $125 Billion in Spain Bank Support Wall Street Journal ... the currency union hustles to contain its worsening financial crisis. The official said senior finance-ministry officials spent Saturday morning and early afternoon preparing a draft statement that ministers would discuss during a conference call. See all stories on this topic » | ||
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| Eurozone agrees to lend Spain up to 100 bln euros Reuters After a 2 1/2-hour conference call of the 17 finance ministers, which several sources described as heated, the Eurogroup and Madrid said the amount of the bailout would be sufficiently large to banish any doubts. "The loan amount must cover estimated ... See all stories on this topic » | ||
| Spain to get up to 100B euro from EU partners Vancouver Sun BRUSSELS — Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros to shore up its teetering bank. Following is the full text of their statement. "The Eurogroup supports the efforts of the Spanish authorities to resolutely ... See all stories on this topic » | ||
| Spain to Accept Rescue From Europe for Its Ailing Banks New York Times MADRID — Responding to increasingly urgent calls from across Europe and the United States, Spain on Saturday agreed to accept a bailout for its cash-starved banks as European finance ministers offered an aid package of up to $125 billion. See all stories on this topic » | ||
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| Spain, Eurozone Agree To 'Financial Support' NPR (blog) Spain will ask, and European finance ministers will agree, to offer up financial aid for the country's struggling banks. Spanish and eurozone officials announced their intentions after a three-hour emergency conference call on Saturday. See all stories on this topic » | ||
| Eurozone agrees to lend Spain up to 100 billion euros Edmonton Journal BRUSSELS/MADRID, June 9 (Reuters) - Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent audits ... See all stories on this topic » | ||
| Europe bailout of Spain could cost $125 billion CBS News With markets in turmoil, de Guindos said the government's efforts to shore up the financial sector "must be completed with the necessary resources to finance the needs of recapitalization." Finance ministers of the 17 countries that use the euro said ... See all stories on this topic » | ||
| Spain bank rescue could reach £81bn The Press Association EU leaders hope the loan of up to 100 billion euros (£81 billion) that Spain's finance minister denied was a bailout, will stabilise a financial crisis that threatens to break apart the eurozone. Saturday's rescue offer follows growing pressure from ... See all stories on this topic » | ||
| Spain wins 100 bn euro bank lifeline The Sun Daily ... banks and try to avert a broader financial catastrophe. After an emergency video conference lasting more than two hours, eurozone finance ministers issued a statement saying they were "willing to respond favourably" to a Spanish plea for help. See all stories on this topic » | ||
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| Spain asks for European financial aid for banks MyFox Phoenix Spain said Saturday it would ask Europe for financial aid for its ailing banks, a step that would make it the fourth and largest eurozone economy to require rescue funds from its eurozone partners. Spanish Finance Minister Luis de Guindos told a news ... See all stories on this topic » | ||
| Spain Asks for $125 Billion Bank Bailout as Crisis Worsens Bloomberg Finland's Demands Finland will demand collateral for the loans if they come from the temporary European Financial Stability Facility, Finance Minister Jutta Urpilainen told reporters. Ministers haven't decided whether that fund or its permanent ... See all stories on this topic » | ||
| Spain to accept rescue from Europe San Jose Mercury News European finance ministers in turn promised up to $125 billion in aid, which they hope will quell rising financial turmoil ahead of elections in Greece that could roil world markets. The decision made Spain the fourth and largest European country to ... See all stories on this topic » | ||
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| Spain seeks 100 bn euro bank lifeline Yahoo!7 News Spain formally requested a European lifeline of up to 100 billion euros ($125 billion) Saturday to save its stricken banks and try to avert a broader financial catastrophe. Fellow finance ministers in the 17-nation eurozone accepted the plea in a ... See all stories on this topic » | ||
| IMF welcomes Eurogroup's financial support for Spain Philippine Star Earlier Saturday, Spain Economy Minister Luis De Guindos said Spain would ask eurozone partners for financial help to support its banking sector. Meanwhile, eurozone finance ministers confirmed on Saturday that the single-currency area is ready to ... See all stories on this topic » | ||
| Spain seeks assistance for ailing banks Los Angeles Times "The government declares its intention to solicit outside financing," De Guindos told reporters at a hastily organized news conference in Madrid. He did not indicate how much money Spain was seeking and was careful to call the package "financial ... See all stories on this topic » | ||
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| Spain asks for massive bank bailout New Zealand Herald Photo / AP Spain secured a European lifeline of up to 100 billion euros (NZ$162 billion)to save its stricken banks and try to avert a broader financial catastrophe. After an emergency video conference lasting more than two hours, eurozone finance ... See all stories on this topic » |
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| Spain bank rescue could reach £81bn « This Is Jersey By PA EU leaders hope the loan of up to 100 billion euros (£81 billion) that Spain's finance minister denied was a bailout, will stabilise a financial crisis that threatens to break apart the eurozone. Saturday's rescue offer follows growing pressure from ... This Is Jersey » This Is Jersey | ||
| Spain Offered Up To 100 Billion Euros From EU Financial Leaders ... By lmin This Saturday, Spain formally requested a monetary bailout from the finance ministers of EU-member countries, although according to the LA Times, the amount was not officially specified in the country's request. EU finance ministers, along ... Neon Tommy | the voice of annenberg... |
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