Arab Today, arab today spain no need for eu funds to help banks
Last Updated : GMT 21:26:48
Arab Today, arab today
Arab Today, arab today

Spain: no need for EU funds to help banks

Arab Today, arab today

Arab Today, arab today Spain: no need for EU funds to help banks

Madrid - AP

Spain’s economy minister says the country’s banks do not need to be bolstered with European money, as suggested by France. Luis de Guindos spoke Monday as markets dipped on last week’s news that Spain’s 2011 budget deficit was higher than expected — an embarrassing second correction to the figure. Bond fell, pushing the yield on 10-year bonds up by 0.06 percentage points to 6.26 percent. The Ibex-35 stock index was down 0.5 percent. De Guindos said the increase in the 2011 deficit figure from 8.5 percent of GDP to 8.9 percent was due to overspending by four regions, which had not been “totally transparent” in providing figures initially. He said recently nationalized lender Bankia will need an injection of around (euro) 7 billion, but rejected the need for European rescue funds.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain no need for eu funds to help banks Arab Today, arab today spain no need for eu funds to help banks

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain no need for eu funds to help banks Arab Today, arab today spain no need for eu funds to help banks

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday