Spain asks for help from EFSF

  • June 08, 2012
  • • Source: Reuters
  • • Views: 574
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As news agency Reuters reports Spain is to ask for help from EFSF fund at the weekend. The announcement is expected for Saturday afternoon.

On Thursday rating agency Fitch downgraded Spain from A to BBB. Fitch estimated that 100 Billion Euro will be necessary to save Spanish banks.
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