"Banks must be recapitalized, banks must be able to work in order for economic growth to take place at all, and so we support this application that Spain will make."Spain also tests market sentiment Thursday when it looks to auction â¿¬2 billion in debt maturing in 2014, 2015 and 2017. A bond auction Tuesday saw healthy demand but sharply increased interest rates.
Spain Crisis: Pressure Eases On Key Borrowing Rate
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