Loans and Finance

Loans and Finance


News and information about loans, money, debt, finance and business issues.
Powered by

Wednesday, January 04, 2012

Spain in Denial

According to Spanish newspaper Expansion, the Spanish government is considering applying for loans from the EU's rescue fund and from the IMF, in order to bailout Spain's beleaguered finance industry.

Unsurprisingly the Spanish government have denied this.

Even more unsurprisingly the markets don't believe the denial, and are pushing Spanish yields up.

No comments:

Post a Comment