Eu : No Plans to Activate Emergency Funds to Recapitalize Spanish Banks

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Eu : No Plans to Activate Emergency Funds to Recapitalize Spanish Banks

News
EU Commission said it has no plans to activate its emergency funds to recapitalize Spanish bank
The commission also added that Spain had no need to appeal for funds to do so C
Commission said that EU would release funds if bank recapitalization was not possible on the markets "This is not the case for Spain. This is not necessary for Spain, we believe,"
Quotes
"There is no plan to activate the EFSF or the ESM to support or recapitalize the Spanish banks,"
Olivier Bailly, Commission spokesman

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Eu : No Plans to Activate Emergency Funds to Recapitalize Spanish Banks Instaforex_mb_760x151_en

Eu : No Plans to Activate Emergency Funds to Recapitalize Spanish Banks Instaforex_mb_760x151_en

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