Tagged: Debt Crisis

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7:49am

Thu June 7, 2012
The Two-Way

Greek Unemployment Hits Record High, Is Nearly Double Eurozone Average

Originally published on Thu June 7, 2012 1:14 pm

Credit Kostas Tsironis / AP
  • Joanna Kakissis, reporting for NPR

2:50pm

Wed June 6, 2012
Europe

Spain Needs Cash, But Please Don't Call It A Bailout

Originally published on Wed June 6, 2012 5:29 pm

Credit Pablo Blazquez Dominguez / Getty Images

Spain's banks are struggling and the country's leaders are sending mixed signals about whether they can afford to rescue them, or whether they'll need to ask for outside help.

But one thing is clear: Spanish leaders are trying to avoid calling any potential rescue plan a bailout.

Spain's Economy Minister Luis de Guindos dismisses talk of a bailout for Spanish banks.

"We'll make whatever decisions we need in the future," De Guindos told reporters in Brussels. And that won't be for weeks, after audits of Spanish banks, he said.

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