Originally published on Thu June 7, 2012 1:14 pm
(From Athens, correspondent Joanna Kakissis tells us about the latest news regarding the troubled Greek economy.)
Originally published on Wed June 6, 2012 5:29 pm
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.