Spain to seek bailout; up to $125 billion on table

msnbc.com via AP and Reuters:

Spain will seek financial help from its Eurozone partners but exactly how much won’t be known until private audits are undertaken, the country’s economy minister announced Saturday.

Earlier, European finance ministers discussed plans to offer Spain up to $125 billion in a bid to stabilize its banks. That amount was described as an upper limit, not an indication of what Spain would ask for.

Photo: People rally against layoffs at Banesto bank in Madrid on Friday. (Paul Hanna / Reuters)

Notes

  1. samascara reblogged this from breakingnews
  2. baveshmoorthy reblogged this from breakingnews
  3. hello2002live reblogged this from breakingnews
  4. twtweekly reblogged this from breakingnews
  5. vicvaper reblogged this from breakingnews
  6. myliobatis reblogged this from breakingnews and added:
    Oh fuck.
  7. thesuttonproject reblogged this from breakingnews
  8. abrahamrojas reblogged this from breakingnews and added:
    V’an esto.
  9. questionall reblogged this from breakingnews
  10. witchwolfprince reblogged this from kaliem
  11. kaliem reblogged this from breakingnews
  12. theviewfromarandomer reblogged this from breakingnews
  13. littleblondkid reblogged this from breakingnews
  14. breakingnews posted this