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Back to Home » June 2012 News » Spain bank rescue glee morphs into markets rout |
Spain bank rescue glee morphs into markets rout |
June 12, 2012
MADRID (AP) -- Euphoria over a lifeline of up to (EURO)100 billion ($125 billion) to rescue Spain's hurting banks morphed into a financial markets rout in a matter of hours Monday, as investors digested the still-undefined plan and became concerned the country may be unable to repay the new loans....
Source URL: http://hosted.ap.org/dynamic/stories/E/EU_SPAIN_FINANCIAL_CRISIS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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