Spain ‘Troika’ Report Needed Before Next Steps on Aid
04 July 2012 @ 22:45
Euro-area governments deciding on aid to Spain's banks need the report of the so-called troika group of officials before taking the next steps, German Finance Ministry spokesman Martin Kotthaus said.
There is no indication yet that euro-area finance ministers will be able to make a decision on the Spanish bailout at their next meeting on July 9 and 10, Kotthaus told reporters in Berlin today.
Source: Bloomberg
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