Friday, 28 September 2012

Psst, lend us 60 billion euros.

Spanish banks need 60 billion euros to shore up the banking system.  At least Santander is ok with a 19 billion euros cushion.

http://www.telegraph.co.uk/finance/financialcrisis/9574631/Spanish-banks-need-60bn-independent-auditors-say.html

http://www.telegraph.co.uk/finance/financialcrisis/9574714/Spanish-banks-need-60bn-European-reaction.html

BUT see:

http://www.telegraph.co.uk/finance/financialcrisis/9579870/Spanish-banks-will-need-up-to-105bn-warns-Moodys.html


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