Spain analysing bailout options
- Published: 5 Oct 2012 at 18.49
- Online news: News
Spain's government said on Friday that it was in talks with European institutions and analysing its options before deciding on any sovereign bailout.
Men dressed in bathrobes and swimming trunks hold placards reading "No more social cuts. No military spending" during a protest in Bilbao on Tuesday.
Financial markets are betting Spain will apply soon for a rescue in which the European Central Bank buys Spanish bonds on the open market to curb its borrowing costs, but only in return for strict conditions.
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