Catalonia Demands Bailout

Spanish region wants five billion euros without conditions

Reason Staff | 8.28.2012 9:32 AM

FXstreet.com (Córdoba) - EUR/USD managed to hold onto gains near recent peaks ahead of the New York open even after news Spain's region of Catalonia applied for government liquidity program. Catalonia would request €5.023 billion out of the €18 billion the central government has to support regions.

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Catalonia Demands Bailout

Spanish region wants five billion euros without conditions

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