Economy - Voice of America: Spain Denies Seeking Bank Bailout

Economy - Voice of America economy-and-business

Spain Denies Seeking Bank Bailout Jun 6th 2012, 17:13 LONDON - Spain's economy minister has been forced to deny reports his government is seeking international help to prop up its banks, as fears grow that many lenders are facing huge losses on loans.  Several banks in Europe's strongest economy, Germany, have also been drawn into the crisis. Spain's southern shoreline, the Costa del Sol, has long been a favorite on Europe's tourism map.  But alongside the beach bars and nightclubs are row after row of half-built, ... Media files: E72BC4C6-FB41-44D5-89F3-8AC7F10D4FF5_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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