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  • Spain inches closer to asking for bailout

    From telegraph.co.uk

    Read Full Story at telegraph.co.uk

    Spain inched closer to seeking a sovereign bailout as prime minister Mariano Rajoy opened the door to a request, but said he would first need to know the attached conditions as well as the form a rescue would take. Speculation has been mounting in recent weeks that Spain could ask for a bailout as its borrowing costs touched fresh highs and financially-stretched regions of Spain said they may be forced to turn to Madrid for assistance to meet their debt obligations. At a news conference following a cabinet meeting on Friday, Mr Rajoy said he was ready to do what is best for Spain. He said he would ... (full story)

  • Comments
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    • Aug 3, 2012 12:10pm
    • #1
    • Quote
    • Kis Zoltan

      357 posts

    • ECB inches closer to collapse.
      ECB's capital already broken.
      Sorry, but that's the truth.
    • Aug 3, 2012 12:18pm
    • #2
    • Quote
    • Guest

      IP XXX.XXX.195.170

    • yeah lets just throw money into a black hole
    • Aug 3, 2012 12:29pm
    • #3
    • Quote
    • zapyur

      2 posts

    • It's already done haha..
    • Aug 3, 2012 1:29pm
    • #4
    • Quote
    • Dr.Zain

      911 posts

    • Greece Spain Ireland Portugal Italy already in the Line Of Fire, and ECB President (Joker) playing with the money of Poor Traders!!!
    • Guest

      IP XXX.XX.156.140

    • Change Code
      Enter the characters found on the security image. To skip verification in the future, register to become a member.

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  • Story Stats
  • Posted: Aug 3, 2012 11:51am

    Submitted by: FF News

    Category: Fundamental Analysis

  • 1,221 Views

  • 4 Comments

    Kis Zoltan, Guest, zapyur, Dr.Zain

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