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Spain Wants a 'Bailout Lite'

It would only request rescue funds for its banks, not the government

By Kevin Spak,  Newser Staff

Posted Jun 8, 2012 7:01 AM CDT

(Newser) – Spain is about to become the latest European nation to ask for a bailout, but only for its struggling banks, not for the government itself, sources tell Reuters. Reuters is calling the approach a "bailout lite," one would put less strain on European...   Read full story »

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