Spain: Bailout move could come soon

Spain could decide within days or weeks to ask for a bailout for its troubled banking sector, making it the fourth eurozone country to seek help since the EU debt crisis erupted.

Spain: Bailout move could come soon

Spain could decide within days or weeks to ask for a bailout for its troubled banking sector, making it the fourth eurozone country to seek help since the EU debt crisis erupted.

Deputy prime minister Soraya Saenz de Santamaria said the government would not act until it received a raft of reports on how much money Spain needed to save its banks from collapsing under the weight of soured property investments.

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