Spain to receive EU bank aid early December

Eurozone finance ministers approved €39.5bn in aid to Spanish banks on the 3 December 2012, formally ending a months-long effort to draw a line under a crisis that had threatened to push the country into a full-blown bailout.

• Primary Source

EUObserver, 04.12.12: Spain to get bank bailout next week http://euobserver.com/news/118407

Deutsche Welle, 04.12.12: Eurogroup OKs more funds for Greece, Spain http://www.dw.de/eurogroup-oks-more-funds-for-greece-spain/a-16426240

ESO: Background information: Germany tells Spain to hold off bailout request http://www.europeansources.info/record/germany-tells-spain-to-hold-off-bailout-request/

ESO: Background information: Madrid faces test over bank review http://www.europeansources.info/record/madrid-faces-test-over-bank-review-rajoy-fights-growing-spanish-turmoil/

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