Spain is to get loans to help shore up its struggling banks, its economy minister has confirmed.
He was speaking following an emergency meeting of eurozone finance ministers.
Luis de Guindos said Spain had agreed to officially request assistance from eurozone rescue funds.
He did not say how much the financial system would get, but he said it would be "significantly" more than the 40bn euros ($50bn; £32bn) recommended by the International Monetary Fund.
Spain had been reluctant to ask for a full bailout, like the one given to Greece, Ireland and Portugal, which come with demands for tax rises and spending cuts.
Mr de Guindos said the loans would require restructuring of the financial system, which was already under way, but not "micro-economic conditions".
No decision had been made on exactly who would disburse the funds, he said, but he suggested this would be one of the European rescue funds, the EFSF or the ESM.
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