State aid expected for Spanish banks

Four more banks in line for help.

A further step towards rescuing the Spanish banking sector is expected to be announced today (20 December). Joaquín Almunia, the European commissioner for competition, is likely to confirm that the Commission has approved state aid for four more banks in need of capital.

Please log in to read this article:

Forgot your password? Click here

Don't have a login yet?

Register for free to read this article.
It only takes a minute.

REGISTER FOR FREE