spain nationalised banks

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Govt.: “Spain won’t need more public cash for nationalised banks”

MADRID |  By The Corner Team | Madrid is ruling out further money injections for its battered nationalised banks, Economy minister said on a live interview on Tuesday. He also showed optimism about the last employment rate, which went down in August for the first time in 13 years. His critics insist that this good figures are only due to summer jobs, temporary and precarious.