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Thursday, February 5, 2026

Spain says stricken banks need up to 62 billion euros

Spain says stricken banks need up to 62 billion euros (via AFP)

Spain said Thursday its crisis-torn banks need up to 62 billion euros ($78 billion) to survive a severe financial slump, far less than the maximum foreseen in a eurozone rescue deal. Prime Minister Mariano Rajoy, speaking in Brazil, welcomed the result of bank audits and stressed that the European…


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