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Europe Daily Bulletin No. 10778

5 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) spain
Bank bailout scheme up and running

Brussels, 04/02/2013 (Agence Europe) - In a joint statement published by the European Commission and the European Central Bank on Monday 4 February 2013 after their second fact-finding mission, it is stated that the Spanish bank bailout plan “has progressed”.

The two institutions say: “Market access by the Spanish sovereign and private borrowers has improved, as foreign investors have returned to Spanish markets. Consequently, government bond yields have declined significantly and...

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