Spain discusses state bailout; ECB seen writing off Greek debt

Spain discusses state bailout; ECB seen writing off Greek debt: BRUSSELS, July 27 — Spain has at last conceded it may need a state bailout and policymakers are considering writing down Greek debt to their central banks, European officials said today, as markets anticipated radical new action to pull the continent out of its debt maelstrom. The crisis in the euro zone has been thrown into higher gear by a surge ...