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Blog Archive - Spain's new govt studying outside aid application - sources

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11/25/11 11:04
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Blog Archive - Spain's new govt studying outside aid application - sources

Thank author of this post/comment25-Nov (Reuters) - Spain's new centre-right government, due to be officially sworn in mid-December, is considering applying for international aid as one of its options to shore up its finances, sources close to the party say. The People's Party (PP) inherits an economy on the verge of recession, a tough 2012 public deficit target, rising financing costs on nervous debt markets and a battered bank sector with billions of euros of troubled assets on its books. "I don't believe the decision (to.

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