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(AFX UK Focus) 2009-03-13 13:17 UPDATE 1-Solbes sees possible Spain bank recapitalisation (Interactive Investor)
Saturday, March 14, 2009
MADRID, March 13 (Reuters) - Spains Economy Minister Pedro Solbes said on Friday there was a chance some Spanish banks might need to be recapitalised. Spains financial system has so far survived the crisis without rescues or nationalisations but is facing rapidly rising defaults as unemployment rises in the wake of a collapsing property boom. "There have been bank recapitalisations in some ...
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