Report: Spain requests €100bn for its banks

It has been reported that Spain has formally requested up to €100bn in financial assistance for its banking sector.

Report: Spain requests €100bn for its banks
Mon, 25 Jun, 2012 - 11:00

It has been reported that Spain has formally requested up to €100bn in financial assistance for its banking sector.

The Reuters news agency has said the Spanish Finance Minister has written to the head of the Eurogroup, Jean Claude Juncker, confirming his government's intention to sign off on the bailout deal.

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