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Europe Daily Bulletin No. 10622

30 May 2012
ECONOMY - FINANCES / (ae) spain
Stress in Madrid about Spanish bank woes and the regions

Brussels, 29/05/2012 (Agence Europe) - The difficulties piling up suggest that the EU's bailout fund might need to step in to help Spain, where the government is preparing to inject nearly €20 billion to bail out Bankia, and regions like Catalonia are asking the central government for cash. The European Commission will give a statement on Wednesday on Spain's budget and macroeconomic strategy, along with statements about all the other member states as part of the European semester...