Ensconced in a conference call, eurozone finmins are discussing providing up to €100B in support for Spain's banking sector, according to a source, with a formal request coming as soon as today. At this point, Spain will not be subject to the same sort of oversight Greece, Ireland, and Portugal have submitted to. [View news story]
On April 23, 2010 - Greece needed $45B, by May 1st it was $110B. 100B today- about 250B Euros by next weekend
Ensconced in a conference call, eurozone finmins are discussing providing up to €100B in support for Spain's banking sector, according to a source, with a formal request coming as soon as today. At this point, Spain will not be subject to the same sort of oversight Greece, Ireland, and Portugal have submitted to. [View news story]