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Eurozone ministers agree 30bn euros for Spanish banks
BBC – Eurozone finance ministers have agreed to lend Spain 30bn euros (£24bn; $37bn) this month to help its troubled banks. It will be the first instalment of a bailout of up to 100bn euros, which was agreed in June. The ministers will need to get approval from their own parliaments and hope to make the payment by the end of July. Read article
Tags: 2nd Great Depression, banks, Europe
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