Spain acts to clean-up banks after downgrade
- 12 years ago
Spain has announced it will launch an audit of its banks in an effort to assess their creditworthiness.
The independent auditors will probe bad loans and property holdings in the financial sector to determine how big a state bailout might be needed.
Spain was forced to act under European pressure to accelerate its bank clean-up.
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http://www.euronews.net/
The independent auditors will probe bad loans and property holdings in the financial sector to determine how big a state bailout might be needed.
Spain was forced to act under European pressure to accelerate its bank clean-up.
...
http://www.euronews.net/