People queue to use an ATM outside of a Laiki Bank branch in Larnaca, Cyprus, on Saturday. Many rushed to cooperative banks after learning that the terms of a bailout deal with international lenders includes a one-time levy on bank deposits. Petros Karadjias/AP hide caption

itoggle caption Petros Karadjias/AP

In June, people in Madrid came to a distribution center where those in need could get food. Javier Soriano /AFP/Getty Images hide caption

itoggle caption Javier Soriano /AFP/Getty Images

"The Spanish government states its intention to request European financing for the recapitalization of banks that need it," Spanish Economy Minister Luis de Guindos said at a press conference on Saturday. Pedro Armestre/AFP/Getty Images hide caption

itoggle caption Pedro Armestre/AFP/Getty Images