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Spain set to need €100bn bailout

Spain set to need €100bn bailout
Spanish banks will need a €100bn bailout, an official stress test is expected to conclude this week. A bank-by-bank test of financial stability is set to show that banks need to be recapitalised, restructured or shut down. Previous tests carried out at the beginning of the summer suggested a €60bn cash injection would be the worst-case scenario.

Green Box: Spain set to need €100bn bailoutClick to open

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