Spanish Bank Bailout Tab May Hit EUR100 Bln

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Spanish Bank Bailout Tab May Hit EUR100 Bln

It may take between EUR80 billion ($100.5 billion) to EUR100 billion ($125.6 billion) to bail out Spanish banks, according to Antonio Lopez Isturiz, head of the pan-European People’s Party bloc, whose members include Spanish Prime Minister Mariano Rajoy and German Chancellor Angela Merkel.

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