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Monday, February 2, 2026

Spain totters towards banking bailout

Spain totters towards banking bailout (via AFP)

Spain's distressed banks need about 40 billion euros ($50 billion) in new capital, the IMF has warned, ramping up the pressure for emergency eurozone talks over the weekend on a huge bailout package. Eurozone finance ministers will hold a conference call at 1400 GMT on Saturday on Spain's expected…


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