MADRID (MarketWatch)
Spain could only tap about 60 billion euros ($75 billion) from a €100 billion banking rescue fund from the European Union, Spanish Finance Minister Luis de Guindos said in an interview with the New York Times published Sunday
Mr. De Guindos also said that he was confident that the European Central Bank would take action in the secondary bond market to lower Spain's borrowing costs, adding that Spain would likely "give reassurance to the ECB" that it would continue with its fiscal consolidation efforts
Mr. De Guindos also said that whether Spain will request a new rescue package from the European Union "is something that is totally open."
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
lunes, 27 de agosto de 2012
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