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EU Speeds Up Spanish Bank Bailout

$100B rescue deal will be tied to 'ruthless' pace of reforms

By Mark Russell,  Newser Staff

Posted Jul 10, 2012 4:57 AM CDT | Updated Jul 10, 2012 5:50 AM CDT

(Newser) – With yet another euro bailout agreement failing to calm markets, causing Spain's borrowing costs to soar back into the danger zone, European Union nations have accelerated their latest rescue plan for Spain's shaky banks, reports the New York Times. Finance ministers from 17...   Read full story »

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