​Spain exits multibillion EU bailout scheme

http://rt.com/business/spain-exits-eu-bailout-045/

Amid a budget crisis in 2012, Madrid managed to negotiate a 100 billion euro deal with Eurozone states to bail out the nation's banks, which were on the verge of collapse, following the burst of Spain's real estate bubble. From the total loan secured, Spain ultimately spent only 41.3 billion euros... But despite the success story, in mid-December Spain was warned by the EU Commission and the European Central Bank (ECB) to monitor its banks for shock resiliency and solvency... Spain [also] faces the second largest unemployment crisis in the EU, at 26.7 percent...''