Bailout

• On Friday, finance ministers from the 17 countries that use the euro approved the terms of the bailout of Spains troubled banking sector. Here is a glance at the aid packages main points: —The EU will provide up to €100 billion ($122.
(ABC News)
• BRUSSELS — Concerns about Spains crippling financial problems flared again Friday as even news that the country had been given the final go-ahead for a bank bailout loan of up to (EURO)100 billion ($122.
(Huffington Post)
• ATHENS (Reuters) - Most Greeks want the government to renegotiate the terms of its EU/IMF bailout regardless of the impact this stance would have on the countrys future in the eurozone, a poll showed on Saturday.
(poll - Reuters UK)
• German lawmakers backed a euro-area bailout of Spanish banks after Finance Minister Wolfgang Schaeuble gave assurances that Spain will remain liable for the aid and parliament will be consulted on each step of the rescue.
(Bloomberg)
• Eurozone finance ministers approved Spain's bank bailout on Friday but it comes at a price. The countries that are lending the money have forced Madrid to abide by strict conditions in return for the funds.
(euronews.com)
• European Finance ministers have approved a plan to give Spain 100 billion euros in an attempt to recapitalize Spanish banks. The move is an attempt to avoid a bailout of the Spanish government.
(Reason.com)
• In one short day, domestic bond markets have gone from threatening to bounce higher in yield to confirming just how committed they are to the low and sideways theme.
(MortgageNewsDaily.com)
• Spain is the latest European country to enter the tough terms of a bailout, agreeing to slash spending and jack up taxes in exchange for the financial lifeline.
(FOX News)
• AFP - After a heated debate, Finlands parliament on Friday approved a European aid package for ailing Spanish banks, as well as a deal for collateral from Spain in exchange for Helsinkis participation.
(France 24)