An independent audit of Spain's banks has found that they will need up to 62bn euros (£50bn) in extra funding.
European authorities had already agreed to provide up to 100bn euros to bolster Spain's financial system.
The figures came as eurozone finance ministers were meeting in Luxembourg to discuss a bailout for Spain's banks.
Earlier, Spanish finance minister Luis De Guindos said his country would officially ask for the aid for its stricken banks "in the coming days".
Source & Image : BBC
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