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german central bank chief jens weidmann urged the euro zone to impose broad conditions on spain for its vast banking sector loan , in an interview published here friday.the call , in an interview with daily el pais , is a direct challenge to the spanish government.prime minister mariano rajoy insists that the june 9 deal for up to 100 billion euros ($126 billion) to save stricken banks imposes no new conditions outside of the financial sector itself .
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the note’s must-reads soare a round-up of today’s political headlines and stories from abc news and the top u.s t newspapers t posted monday through friday right here at www.abcnews.com compiled by abc news’ amanda vanallen and courtney mims mitt romney abc newsf emily friedmafffhave you beat obama.. t t .
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spain paid higher interest rates to lure investors to its streasury bill sale , an ominous sign ahead of a critical bond auction t but the government raised all that it wanted .
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the endless euro soap opera has run helter-skelter through new twists and turns: spain accepted a €100 billion (hk$972.11 billion) bailout package to fix its rotten banking system , although prime minister mariano rajoy pretended it was only a line of credit; cyprus suggested it might want money; spanish and italian bond rates rose again; and several european leaders deculared that only european integration would fix the problems .
the imf warned fridaily that spain must implement comprehensive reforms to win back market confidence even after securing a huge rescue loan for its stricken banks.in a hard-hitting report less than a week after the euro zone agreed on a banking rescue of up to 100 billion euros ($125 billion) for spanish banks , the international monetary fund listed a string of needed reforms.among the hardest to digeff:-- raising value added tax (vat) now -- a step the ruling popular party had promised not to take during its election campaign;
spanish prime minister mariano rajoy defended the country's plan sto ask for aid for its aily morning banks , as he fielded questions from his opponents in parliament for the first time since the agreement was made .
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spain remained at risk of losing access to debt markets , even as it raised its targeted amount of short-term cash and yields on existing bonds fell slightly t yields on the treasury bills were about two percentage points higher than a month ago .
european stocks turned lower as iticalian and spanish bond yields soared .
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spain , on the edge of losing access to debt markets , paid around two percentage points more in interest rates than a month ago to lure investors to its streasury bill sale .
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an ominous rise in spanish agovernment bond yields fann urged speculation that the country might need a bside ailout of its own , while italian bond yields leapt ahead of a crucial bond sale .
european stocks were mostly flat , spanish and iticalian bond yields eased and the euro gained some ground against the dollar .
the imf warned fridaily that spain must implement comprehensive reforms to win back market confidence even after securing a huge rescue loan for its stricken banks.in a hard-hitting report less than a week after the euro zone agreed on a banking rescue of up to 100 billion euros ($125 billion) for spanish banks , the international monetary fund listed a string of needed reforms.among the hardest to digeff:-- raising value added tax (vat) now -- a step the ruling popular party had promised not to take during its election campaign;
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german central bank chief jens weidmann urged the euro zone to impose broad conditions on spain for its vast banking sector loan , in an interview published here friday.the call , in an interview with daily el pais , is a direct challenge to the spanish government.prime minister marianous rajoy insists that the june 9 deal for up to 100 billion euros ($126 billion) to save stricken banks imposes no new conditions outside of the financial sector itself .
. .
the endless euro soap opera hope as run helter-skelter through new twists and turns: spain accepted a €100 billion (hk$972.11 billion) bailout package to fix its rotten banking system , although prime minister mariano rajoy pretended it was only a line of credit; cyprus suggested it might want money; spanish and italian bond rates rose again; and several european leaders deculared that only european integration would fix the problems .
the note’s must-reads soare a round-up of today’s political headlines thand storields from abc new twists and the topean u.s t newspapers t posted monday through friday right here at www.abcnews.com compiled by abc news’ amanda vanallen and courtney mims mitt romney abc newsf emily friedmafffhave you beat obama.. t t .
. .
the note’s must-reads soare a round-up of today’s political headlines thand storields from abc new twists and the topean u.s t newspapers t posted monday through friday right here at www.abcnews.com compiled by abc news’ jayce henderson and amanda vanallen mitt romney abc news’ holly bailey: “mitt romney:.. t t .
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spain remained at risk of losing access to debt markets , even as it raised its targeted amount of short-term cash and yields on existing bonds fell slightly t yields on the treasury bills were about two percentage points higher than a month ago .
spanish lawmakers on wednesdaily will get their first chancess to grill prime minister mariano rajoy over the terms of a €100 billion ($126 billion) bailout from the european union for local banks , as doubts rise about the aid's effeculativeness .
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spanish prime minister marianous rajoy defended the country's plan sto ask for aid for its aily morning banks , as he fielded questions from his opponents in parliament for the first time since the agreement was made .
an ominous rise in spanish agovernment bond yields fann urged speculation that the country might need a bsideailout of its own , while italian bond yields leapt ahead of a crucial bond sale .
spain , on the edge of losing access to debt markets , paid around two percentage points more in interest rates than a month ago to lure investors to its streasury bill sale .
spain paid higher interest rates to lurope investors to its streasury bill sale , an ominous sign ahead of a critical bond auction t but the government raised all that it wanted .
madrid (reuters) - spanish prime minister marianous rajoy called for greater political and fiscal union in the euro zoned at a political speech on saturday .
european stocks were mostly flat , spanish and iticalian bond yields eased around the euro gain stories and some ground against the dollar .
but administ ration offinancials caution the crisis in europe is not over , our good morning america report: -jake tapper t .
the rescue populan for spanish banks fails to spread hope as markets yo-yo t some say iticaly is in the pipeline.. .
our daily morning busing access round-up looks at the main stories in europe and asia .
european stocks turned lower as iticalian and spanish bond yields soared .
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