ECONOMY MINISTER CONFIRMS SPAIN WILL SEEK BAILOUT

ECONOMY MINISTER CONFIRMS SPAIN WILL SEEK BAILOUT

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The Spanish government plans to request European financial support for bank recapitalization. This support is not a bailout but will be directed to the FROP, which will inject capital into necessary Spanish banks. There are no fiscal or economic reform conditions outside the financial sector, but public aid regulations must be followed, and conditions will be set for entities receiving aid.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué condiciones se mencionan que deben cumplirse para recibir ayudas?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué normativa se debe tener en cuenta según el texto?

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