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Euro econ ministers, Spain, agree to bailout loan conditions

0 Views· 06/01/22
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Brussels, 10 July (EFE).- Spain will have available before end of the month 30 billion euros, some 37 billion dollars, to address the most urgent needs of its financial institutions, according to an agreement between the cash-strapped nation and the Eurogroup finance ministers. The total amount of aid will be known in late September. <br /><br />All 27 European nations are expected to extend by one year, until 2014, Spain's deadline for achieving a budget deficit of 3 percent. <br /><br />www.efe.com

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