Spain waits on bank stress tests before accepting EU bailout

  • 12 years ago
Spain says it will await the result of two audits on its under pressure banks before finalising a request for European aid to bolster its failing financial institutions.

In early June Spain agreed to a 100 billion euro loan to shore up its banks, but Madrid wants to see the results of the audits before accepting EU help.

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http://www.euronews.net/

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