Spain will ask for bailout this weekend suggests reports

Spain is poised to make a request over the weekend for a financial package to prop up its troubled banks, it was reported today. The request would follow a conference call of eurozone finance ministers tomorrow, Reuters reported, citing two senior EU officials and one German source. A Eurogroup statement would also be released. “The announcement is expected for Saturday afternoon,” one of the EU officials said. A Spanish government official said: “We are not Continue reading Spain will ask for bailout this weekend suggests reports