Eurozone Aid

Spain's finance minister has confirmed that they will seek financial aid to help prop up the ailing banking system.


Madrid insists that this is not a rescue and not all banks need money.


A formal request has not been made but her eurozone partners would be prepared to lend them up to 100bn euros. Two independent audits of the banking system should be published 21st June and that will reveal how much cash is needed.


We home owners will now have to wait and see what happens next to property values and taxes.


Watch this space.....


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