Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain 'May not need further bank assistance' : EU

Source: Reuters - Wed 2th Oct 2013
Spain 'May not need further bank assistance' : EU

Spain has a good chance of concluding the financial assistance program for its banking sector without needing a successor program, Olli Rehn, the European commissioner for economic and monetary affairs said on Tuesday on a visit to Paris.

Spain took 41 billion out of a possible 100 billion from the European Commission and the ECB last year to help its weakest lenders, hit hard by a five-year-old property crash.

The European Authorities said in a review on Monday financial reforms were on track. Spain has to decide whether to extend the program beyond the end of this year.

Comment on this Story

 
Be the first to comment on this Story !!