MALAGA GAZETTE

Thursday, June 14, 2012

Spain sovereign bailout likely, say economists


Thursday, June 14, 2012 | ,

Spain will soon follow Portugal, Ireland and Greece in seeking an international sovereign bailout, say a slim majority of economists polled by Reuters just days after Madrid sought up to 100 billion euros to rescue its banks. Thirty-five out of 59 analysts across Europe and the U.S. said it was "likely" or "very likely" Spain will need international help for its state funding in the next 12 months, with the remaining 24 describing it only as "unlikely".


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