Spain: 'Financial package needed to prop banks up again'
Reports that Spain will ask for help for its banks this weekend have been played down by authorities across the eurozone.
There were also reports that the Eurogroup of finance ministers would meet on Saturday to discuss the issue.
Elissa Bayer, Investment director at Williams de Broë, says Spanish banks need more money and a financial package will have to be offered to prop them up again.
08 Jun 2012
- From the section Business