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IMF: Spanish banks need nearly $50 billion

June 08, 2012

WASHINGTON (AP) -- The International Monetary Fund is estimating that Spanish banks need at least a euro40 billion ($49.87 billion) capital injection following a stress test it performed on the country's financial sector....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_IMF_SPAIN?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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