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Spain: No request for bailout, says minister

Spain's economy minister has dampened speculation that the country is about to seek a bailout of its bank sector.

Luis de Guindos said no decision would be made until audits of the banks were completed, possibly by the end of June.

There have been reports in the past few days that Spain was seeking an immediate bailout from eurozone funds.

Hugh Pym reports.

  • 06 Jun 2012
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