Sunday, October 13, 2024
48.0°F
<p>A visitor points his finger towards the Stock Exchange's main display, in Madrid, Monday June 11, 2012. After Spain's request for a European financial lifeline of up to a euro100 billion euros ($125 billion) to save its banks the EU made clear the money is more than just a loan. Besides being paid back with interest, there will be strings attached for the Spanish government.(AP Photo/Daniel Ochoa de Olza)</p>

Stories this photo appears in:

Europe crisis rages on despite Spain banks rescue
June 12, 2012 9:15 p.m.

Europe crisis rages on despite Spain banks rescue

LONDON - The weekend plan to rescue Spain's ailing banks was supposed to boost confidence in Spain and the other 16 countries that use the euro. The skeptics said it would only provide temporary relief for the markets. In the end, it barely even did that.