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Europe Daily Bulletin No. 10697

27 September 2012
ECONOMY - FINANCE - BUSINESS / (ae) spain
Troubles mount up for central government and regions

Brussels, 26/09/2012 (Agence Europe) - The new Spanish bailout fund for the regions will come on stream at the end of the week, and a fourth region has announced that it will be requesting nearly €5 billion of aid from it, namely Andalucia, a further illustration of the financial problems facing the Spanish regions as a new separatist movement is building in Catalonia ahead of early elections in November.

In order to help the regions pay their bills, Madrid set up a regional bailout fund...

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