June 11, 2012 Financial markets have been on the rise in Europe and futures point to a good day on Wall Street. But some of the early gains have evaporated as traders look more closely at the package and look ahead to elections in Greece.
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"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
June 9, 2012 Spanish and euro zone officials announced their intentions after a three-hour emergency conference call on Saturday. If they make good on it, Spain will be the fourth – and largest — member of the 17-nation euro zone to receive outside help as Europe's debt crisis marches on.
December 16, 2011 The news comes after Ireland posted disappointing GDP numbers and further pressures the European Union to take definitive action on its sovereign debt crisis.
Outside the Greek parliament building today, protesters burned a guard box.
October 19, 2011 There are running battles in the streets of Athens, news outlets say, as Greeks express outrage.
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