Economy - Voice of America: European Officials: Spain Nearing Bailout Request

Economy - Voice of America economy-and-business

European Officials: Spain Nearing Bailout Request Jun 8th 2012, 16:56 European officials say Spain is poised to seek billions of dollars in bailout money from other countries in the euro currency bloc to rescue its distressed banks. Spain has yet to ask for help from its European neighbors, but several officials said Friday they expect Madrid will seek a bailout when key political and financial leaders confer in conference calls Saturday. Spain would become the fourth of the 17 eurozone countries needing an international bailout, following rescue packages ... Media files: E9C7A2BE-91CA-4C2F-BEFA-51EB67915AA3_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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