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spain bailout euro mariano rajoy

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Spain faces increasing pressure to accept a bailout, which the IMF estimates would be 40 billion euros.
spain bailout euro mariano rajoy

Spanish Prime Minister Mariano Rajoy has come under mounting pressure to accept the eurozone's fourth national bailout in order to prevent a euro meltdown. The Spanish government refuses a rescue for its failing banks, to avoid the humiliation attached to a national bailout and is instead calling for a eurozone-wide strategy.

Sean Gallup