Spain bailout

• EARLY Tuesday, Spain squeezed additional concessions from its euro zone partners, both in terms of guaranteeing rescue aid for its banks and loosening budget deficit targets.
(New York Times)
• Maribel Martinez, 51, was counting on income from the 82,000 euros ($99,810) of savings she invested in Bankia preferred shares two years ago after losing her job cooking meals for nuns in a Barcelona convent.
(Bloomberg)
• Holders of preferred shares sold by rescued lenders such as Bankia risk losing part of their capital after European officials ruled they should absorb losses under the terms of Spains 100 billion-euro bank bailout.
(Oregonian)
• BRUSSELS (AP) -- Euro area finance ministers agreed early Tuesday on the terms of a bailout for Spains troubled banks, saying that €30 billion ($36.88 billion) can be ready by the end of this month.
(Yahoo Finance)
• (AP) BERLIN - German Chancellor Angela Merkel has refrained from pressing the country's top court to rule swiftly on Europe's bailout pact.
(WHEC TV-10)
• We are now getting a clearer idea of how the EU plan to deal with Spanish banks.
(Forbes)
• BERLIN (Reuters) - Chancellor Angela Merkel said on Sunday she was confident that a majority of German lawmakers would back aid for Spains ailing banking sector at a special sitting of the lower house Bundestag set for Thursday.
(ca.news.yahoo.com)
• On Sunday, Merkel also said the euro zone had not yet resolved the issue of whether its bailout funds - the European Financial That is also true of the aid for Spain.
(Reuters UK)
• European finance ministers have agreed on the terms of a bailout for Spains troubled banks, saying that €30bn (£24bn) can be ready by the end of this month.
(The Guardian)
• The Iberian peninsula enters written records as a land populated largely by the Iberians, Basques and Celts. After an arduous conquest, the peninsula came under the rule of Rome.
(Worldnews.com)