Spain seeks EU’s fourth bailout with $125 billion request
World BusinessJun 10, 2012
Spain became the fourth and largest country to ask Europe to rescue its failing banks, a bailout of up to (euro) 100 billion ($125 billion) that leaders hoped would stabilize a financial crisis that threatens to break apart the 17-country eurozone.The rescue offer follows growing pressure from international investors and the Obama administration and comes a week before elections in Greece, whose v