
Spanish Prime Minister Mariano Rajoy has hailed a decision by eurozone finance ministers to help Spain shore up its struggling banks as a victory for the common currency.
"It was the credibility of the euro that won," he told reporters.
On Saturday, the eurozone ministers agreed to lend Madrid up to 100bn euros ($125bn; £80bn) to help banks hit by bad property loans.
The US and the International Monetary Fund (IMF) also welcomed the move.
Source & Image : BBC
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