| I'm sorry, I haven't a clue. Spain's weakest banks look to be a step closer to receiving their promised EU bailout. Early on Tuesday morning eurozone finance ministers agreed the basics of a €30bn payment on account by the end of the month, of the €100bn approved last month. That should give Madrid wiggle room in case the funds are needed before bank stress tests can be completed in September. Even so, neither EU nor Spanish government officials yet have details of the likely structure of the payout. |
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