Mr Rajoy, who is struggling to convince dubious markets that he can bring Spain's deficit back under control, has already asked for €100bn from Europe's bailout pot for its debt-laden banking system. He inched closer to seeking a full-blown rescue yesterday as he said Madrid would have to carefully examine the conditions of such a bailout .... http://www.independent.co.uk
Sunday, August 05, 2012
Spain Sets Course for Full-Scale €300 Billion Bailout
Mr Rajoy, who is struggling to convince dubious markets that he can bring Spain's deficit back under control, has already asked for €100bn from Europe's bailout pot for its debt-laden banking system. He inched closer to seeking a full-blown rescue yesterday as he said Madrid would have to carefully examine the conditions of such a bailout .... http://www.independent.co.uk

