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Image header Agence Europe
Europe Daily Bulletin No. 11007
ECONOMY - FINANCE - BUSINESS / (ae) spain

Cautious assessment of bank bailouts

Brussels, 29/01/2014 (Agence Europe) - On Wednesday 29 January, the European Commission published a positive assessment of the fifth monitoring mission by the troika (European Commission, European Central Bank and International Monetary Fund) in Spain during the aid programme to bail out Spanish banks.

The European Commission warns that banks and the Spanish authorities “need to be ready to take remedial action if required, should the ECB's test reveal a shortage of capital in some...

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