The loan will be supervised by the European Commission, the European Central Bank and the IMF, Almunia said.A European Commission spokesman, Amadeu Altafaj, told Spanish state television that this troika will have people on the ground overseeing the restructuring of the Spanish financial sector. Representatives of the same three groups regularly visit Greece, Ireland and Portugal to make sure the governments in those nations are complying with bailout terms,
Spain Bank Rescue Glee Morphs Into Markets Rout
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