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Posts related to ‘Spanish bank recapitalization’

Eurozone Okays €100 Billion to Bail Out Spanish Banks

Posted: July 20, 2012 at 8:57 am

As expected, following yesterday’s approval by the German parliament, eurozone finance ministers have approved the €100 billion bailout of Spain’s troubled banks through the European Financial Stability Fund (EFSF). Under ...
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German Bundestag Approves €100 Billion Bailout for Spanish Banks

Posted: July 19, 2012 at 2:56 pm

Germany’s lower house of parliament, the Bundestag, today approved by a wide margin the country’s agreement to take part in a €100 billion bailout of Spain’s banks. The vote means ...
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€62 Billion May be Needed to Prop Up Spanish Banks (SAN, BBVA)

Posted: June 21, 2012 at 2:40 pm

Reports by two independent auditing firms have concluded that €51 billion-€62 billion will be required to recapitalize Spain’s banks sufficiently to withstand losses expected over the next few years. The ...
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Spain Pleads for Help

Posted: June 5, 2012 at 12:49 pm

The continuing difficulty that Spain faces in persuading investors to buy the country’s sovereign debt got a little worse today. Treasury Minister Cristobal Montoro told a Spanish radio station that ...
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