Spain set to request aid for banks this weekend : sources

The announcement is expected for Saturday afternoon

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Reuters Madrid/Berlin
Last Updated : Jan 24 2013 | 1:49 AM IST

Spain is expected to make a request over the weekend for a financial package to prop up its troubled banks, two senior EU officials and one German source said on Friday.

The request would follow a conference call of euro zone finance ministers on Saturday, the two EU officials said. A Eurogroup statement would also be released.

"The announcement is expected for Saturday afternoon," one of the EU officials told Reuters.

Spanish government officials could not immediately be reached for comment.

 

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First Published: Jun 08 2012 | 1:55 PM IST