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Image header Agence Europe
Europe Daily Bulletin No. 10598
Contents Publication in full By article 33 / 37
ECONOMY - FINANCE - BUSINESS / (ae) spain

Commission says EFSF will not need to intervene

Brussels, 19/04/2012 (Agence Europe) - The European Commission has brushed aside rumours that the European Financial Stability Facility (EFSF) may need to step in to help recapitalise Spanish banks. On Thursday 19 April, Madrid made a successful emission of bonds at a slightly higher interest rate (see below). “There is no plan to activate the EFSF to support or recapitalise Spanish banks”, said a European Commission spokesperson, explaining the various stages in bank recapitalisation....

Contents

EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICY
INSTITUTIONAL
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS