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Spain confirms banks to get eurozone aid plan 09/06/2012 20:49 CET
Spain banks to get up to 100bn euros in aid 09/06/2012 22:33 CET
Grim numbers force Spain towards a bailout 23/10/2012 14:44 CET
Standard and Poor’s downgrade Spain’s rating 11/10/2012 02:33 CET
Spanish bank stress tests move Madrid closer to… 28/09/2012 19:30 CET
The Spanish government’s decision to seek help from other eurozone countries to prop up its stricken banking system doesn’t appear to have been taken lightly. However, the precarious state of Spain’s lenders, seems to have forced Madrid’s hand, despite Prime Minister Mariano Rajoy insisting the rescue is not a bailout. In all, the deal should see Spain get 100 billion euros to recapitalise it’s debt laden banks.
For more now on the Spanish bailout, euronews’ Vicenç Batalla spoke to Josep Maria Ureta, a business journalist with the Periodico de Catalunya newspaper in Barcelona.
To see the full interview click on the video above.
More about: Banking, Economic crisis, Spain, Spanish debt, Spanish economyCopyright © 2013 euronews
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