Spain seeks first rescue payment | Bangkok Post: business

Business > News

Spain seeks first rescue payment

Spain's government said on Friday it would soon request a first payment for its deeply troubled banks from an emergency eurozone rescue line.

"It is being worked on," she said, declining however to specify the timing or exact amount of the request.

The money was being sought for crisis-torn Spanish banks that have already been nationalised, she said: Bankia, Catalunya Caixa, NovaGalicia Banco and Banco de Valencia.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Your comments

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.