Spain asking for a “total emergency bailout” of 300 billion euros from Germany, according to Reuters

Reuters, the news agency, has claimed that Spain has secretly asked Germany to prepare a 300 billion euros bailout package to rescue the state after a number of regions within Spain have claimed bankruptcy and asked for bailouts. Citing a “senior government official”, the news agency said that: Spain has for the first time conceded it might need a full EU/IMF bailout worth 300 billion euros ($366 billion) if its borrowing costs remain unsustainably high, Continue reading Spain asking for a “total emergency bailout” of 300 billion euros from Germany, according to Reuters