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Spain's bank rescue: a victory or a brief respite?

6 years ago19 views

While Spain's government has hailed an EU-funded rescue for its debt-stricken banks as a 'victory for the euro', some financial experts believe it may only bring a brief respite.

With the deal aimed at releasing credit, Brussel's is hoping next Sunday Greek voters will not elect a government which will reject its own bailout deal sparking more market turmoil, hitting Spain first.