Brussels, 25/06/2012 (Agence Europe) - The European Commission, backed by the ECB, the European Banking Authority (EBA) and the IMF, is preparing to go to the Spanish capital, Madrid, as soon as possible to assess bank bailout requirements for Spanish banks and decide on the strings to be attached to the promised bank bailout cash (see EUROPE 10640). The idea is for Spain to reach agreement with the Eurogroup on the details by 9 July this year.
“Following this request (Ed: for aid on...