Spain relieved, angry over humiliating bank rescue

Spain's Prime Minister Mariano Rajoy speaks during a press conference at the Moncloa Palace, in Madrid, Sunday, June 10, 2012. Spain became the fourth and largest country to ask Europe to rescue its failing banks, a bailout of up to 100 billion euros ($125 billion) that leaders hoped would stabilize a financial crisis that threatens to break apart the 17-country eurozone. (AP Photo/Daniel Ochoa de Olza)
June 10, 2012 7:11:55 AM PDT
Spain's deep economic misery will get worse this year despite the country's request for a European financial lifeline of up to ?100 billion ($125 billion) to save its banks, Prime Minister Mariano Rajoy said Sunday.

Load Comments