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Tuesday, October 16, 2012

Spain aid, Schaeuble ideas raise EU summit tempo


Telegraph.co.uk

Spain aid, Schaeuble ideas raise EU summit tempo
Reuters
BRUSSELS (Reuters) - Rising expectations that Spain will soon ask for a euro zone credit line to help cut its borrowing costs look set to dominate a European Union summit beginning on Thursday, potentially crowding out talks on a disputed banking union.
Germany Open to Precautionary Credit for Spain, Lawmakers SayBloomberg
Euro Hits One-Week High on Spain HopesCNBC.com
Spanish Bailout Hopes Buoy EuroWall Street Journal
Businessweek -The Guardian -San Francisco Chronicle
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