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Eurozone OKs Terms of Spanish Bank Bailout

Loan will be up to $122.9B

By the Associated Press

Posted Jul 20, 2012 8:05 AM CDT

(AP) – Finance ministers from the 17 countries that use the euro unanimously approved today the terms for a bailout loan for Spanish banks of up to $122.9 billion. The document, signed off by the "eurogroup" of finance ministers following a teleconference today, calls for...   Read full story »

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