Wednesday, June 27, 2012

Spain requests EU aid, market hopes dim

Spain requests EU aid, market hopes dim: MADRID, June 25 – Spain formally requested euro zone rescue loans today to recapitalise banks that are laden with bad debts as the euro and shares fell due to investors’ scepticism that a European Union summit this week will act decisively on the bloc’s debt crisis. Spanish Economy Minister Luis de Guindos asked for up to €100 billion (RM399.57 ...


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