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Wednesday 06 June 2012
A bailout for Spain?
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European Economic and Monetary Affairs Commissioner Olli Rehn holds a news conference in Brussels, 30 May, 2012
Reuters/Sebastien Pirlet
By Jennifer Laidlaw

Finance ministers from the G7 and other nations have been meeting to discuss the ongoing eurozone crisis amid fears that the situation is getting worse. Analysts are predicting that Spain, the eurozone's fourth largest economy, will follow in the footsteps of Greece, Portugal and Ireland and require a bailout. They say this could be disastrous for the eurozone as the group's largest countries would find it hard to foot the bill for Spain. Matthew Lynn of Strategy Economics discusses of Spain needing a bailout similar to the one given to Greece.

 

Dossier: Eurozone in crisis

 

 

tags : Economic crisis - Eurozone - Spain
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