Today, 26/6, the Spanish Government has officially requested loans of 100 billion euro bailout from other eurozone partners, to help the banking system, which flooded the country is in debt.
While the European Commission announced that it has available to provide a bailout for Spain, the reaction of people in this country is fear for the future ahead. Especially when the Spaniards saw the plight of the country ahead as Greece.
Finance Minister Luis De Guindos Spain confirmed that Spain will fulfill the conditions for getting loans of 100 billion euro bailout.
The details of this bailout deal will be finalized and signed during a meeting of finance ministers of the euro area on 9/7. Group of EU experts will also fly to Spain as soon as possible.
Some people said that Spain, the cause of the difficult economic situation is the government's fault.
Most of the Spanish newspaper reported the government is not requesting a loan to the front page, saying that, this is nothing more formalized statement that needs bailout Spanish government has issued from 9/6.
The companies independent consulting announced their reports for know, banks of Spain may need up to 62 billion Euro to get rid status difficulties due bubble real estate deflated prolonged throughout 3 years via.
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