Posts tagged as: bail out

Spain agrees to bail-out plan, specifics to surface soon – Part 1

The latest from the West is that Spain has agreed to receive a bail-out assistance plan from the Euro zone ministers in tune of $125 Billion. However, the Spanish government is expected to release the exact amount needed by June 21. The mere news of the acceptance of bail-out plan has brought smiles on the […]

Spain agrees to bail-out plan, specifics to surface soon – Part 2

The US stock market also showed a promising start to the current week after the news received from across the ocean. Though the trading is still to commence on Monday, the futures showed a prosperity of 1 percent. Dow Jones industrial average futures gained 130 points. Nasdaq composite futures rose 28.50 points. S&P 500 futures […]

Spain banking system in need of a bail-out plan, real problem still in grey zone – Part 1

Soon after the 2008 crisis that hit the West the most, Europe went on a shopping spree, borrowing money from banks in huge sums. Now the bad debts are haunting the whole continent like the notion of Armageddon. Spain is not an exception and is on the verge of collapse if the European Union does […]

Spain banking system in need of a bail-out plan, real problem still in grey zone – Part 2

The solution to the above is bail-out, undoubtedly but it itself has two-fold problem that is fending the central government and sovereign governments of the countries. First, EU wants to instil the money into the banking sector of the countries like Spain but it is not only Spain that is in the oblivion. Countries like […]

Join WishFree.com

Photo Gallery

Unique Auction UAE
Log in