spain bank rescue \very clear signal to markets\
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Spain bank rescue 'very clear signal to markets'

Egypt Today, egypt today

Egypt Today, egypt today Spain bank rescue 'very clear signal to markets'

Brussels - AFP
Spain's bank rescue accord is a very clear signal that the eurozone is ready to take action to calm the financial markets and limit debt contagion, Economic Affairs Commissioner Olli Rehn said Sunday. "It is a very clear signal to the market that the euro (area) is ready to take decisive actions in order to calm down market turbulence and contagion," Rehn said, adding that Spain would make a formal request for the aid of up to 100 billion euros ($125 billion), at the next eurozone finance ministers meeting.
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spain bank rescue \very clear signal to markets\ spain bank rescue \very clear signal to markets\



 
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