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Spain's stricken banks need 40 billion euro injection

2012-06-09 17 Dailymotion

Spain needs at least 40 billion euros to stabilise its stricken banks, according to the International Monetary Fund.<br /><br />Add in the price of covering restructuring costs and loan losses and the total bill could be as much as double that.<br /><br />The figures come amid reports that Spain will ask the eurozone this weekend for help with recapitalising its banks.<br /><br />...<br />http://www.euronews.net/

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