Sunday, June 3, 2012

Fragile banking , Spanish denies asking for IMF aid


MADRID . Spain 's economy minister denied reports of an additional request a bailout from the International Monetary Fund ( IMF ) . The International Monetary Fund has also confirmed that there was no specific discussion regarding additional Spanish requesting liquidity .
All this contributed much to the IMF bailout in almost all EU members such as Greece . Previously , this rumor was widely developed after the deputy prime minister of Spain to meet with IMF Managing Director , Christine Lagarde .
"The rumors are nonsense, " said Spanish Minister of Economy Luis de Guindos on Spanish television .
Spain has taken over the position of Greece in the economic crisis . For Matador State banking has rocked world markets . Bankia , the fourth largest bank in Spain 's official request additional capital worth 19 billion euros . But many have questioned whether Spain is able to fulfill the request.

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