ECB denies in talks on Spanish bailout
| Reuters
"The reporting is unfounded. No negotiations
are ongoing. It would be up to Spanish authorities to make a request,"
the spokeswoman said.
Het
Financieele Dagblad reported on Friday without naming sources that the
ECB and IMF were in talks over a package worth up to 300 billion euros
($387 billion). The Dutch financial daily said this would pave the way
for the ECB to buy Spanish bonds to lower Madrid's borrowing costs.
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