German Bundestag Approves $122 Billion Bailout for Spanish Banks


Friday, 20 July 2012 08:25


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‘Germany’s lower house approved a $122 billion rescue package for Spanish banks in a bid to help the country cope with “excessive” market fears and prevent the eurozone’s debt crisis from spreading further. Lawmakers voted 473-97 to support the bailout of the country’s financial industry, with 13 abstentions.’

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