IMF Says Spanish Bailout Plan Won’t Work

The International Monetary Fund says the euro zone’s plan to bail out Spanish banks may not work, insisting that a mechanism must be developed that would allow aid to be channeled directly to the ailing banks without going through the government. .

  • 22 Jun 2012

The International Monetary Fund says the euro zone’s plan to bail out Spanish banks may not work, insisting that a mechanism must be developed that would allow aid to be channeled directly to the ailing banks without going through the government.

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