Spain approves bank bail-out fund

Article reports that Spain’s government approved on the 26 June 2009 a €9bn fund to bail out banks and help reshape the country’s financial sector.

Website: Banco de España / Bank of Spain http://www.bde.es/homee.htm

BBC News, 26.6.09: Spain launches $12.7bn bank fund http://news.bbc.co.uk/1/hi/business/8121199.stm

ESO: Background information: Spain's lenders see salvation in mergers http://www.europeansources.info/record/spains-lenders-see-salvation-in-mergers/

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