Spain negotiating direct aid to banks with EU
Rome - ANSA
Spain is negotiating a plan to recapitalise the Spanish banking system with the European leaders. The plan involves direct aid, but not as part of an international bailout with new austerity measures, El Pais reports, quoting a source in the Spanish government. The newspaper explains that the plan is based on the idea of a direct support mechanism for all European banks, surpassing the legal obstacles of a similar intervention with ''intergovernmental agreement."(ANSAmed).
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