Fears for future of Euro grow amid prospects of Spanish bailout

Fears for future of Euro grow amid prospects of Spanish bailout

Fears over the future of the Euro are growing - amid deepening concerns over the prospect of a bailout for Spain.

This afternoon, the International Monetary Fund was forced to deny reports it's drawing up a rescue package for Spain.

It comes after the IMF's Managing Director, Christine Lagarde met with the Spanish Deputy Prime Minister this afternoon.

Meanwhile, the Euro today dropped to a 23-month low against the US dollar - as well as hitting it's lowest level against the Japanese Yen since December of 2000.


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