The request for aid, according to information gathered by Reuters from Madrid and Berlin, will be made after the videoconference between Eurogroup Finance Ministers, during which the details of the operation will be discussed. Spain's need to resort to EU aid is linked to a crisis in the banking sector and the need to recapitalise a number of banks, including Bankia, with total estimated requirements between 50 and 100 billion euros.(ANSAmed).
Crisis: Spain to demand aid this weekend
Reuters quotes EU sources. Tomorrow Eurogroup videoconference
The request for aid, according to information gathered by Reuters from Madrid and Berlin, will be made after the videoconference between Eurogroup Finance Ministers, during which the details of the operation will be discussed. Spain's need to resort to EU aid is linked to a crisis in the banking sector and the need to recapitalise a number of banks, including Bankia, with total estimated requirements between 50 and 100 billion euros.(ANSAmed).









