Spain May Avoid Full-Scale Bailout by Europe – New York Times
 The Associated Press |
Spain May Avoid Full-Scale Bailout by Europe
New York Times Since last July, the European Union's temporary bailout fund, the European Financial Stability Facility, or EFSF, has been able to lend money to a government specifically to beef up the capital reserves in the country's banking sector. Proud, too-big-to-fail Spain ponders bank rescue Spain's hurting banks at heart of eurozone chaos Spain Will Need More Provisions For Its Banks as It's Hit with Downgrade |
