Showing posts with label Bank of Spain. Show all posts
Showing posts with label Bank of Spain. Show all posts

Sunday, September 23, 2012

Spain in no rush to seek aid, banks need 60 billion euro - Economy Minister

(Reuters) - Spain will not rush to seek external aid to finance its debt, Economy Minister Luis de Guindos said on Saturday, adding that the country's banks would need 60 billion euros to clean up the toxic property assets on their balance sheets.