Monday March 30, 2020

Market verdict due on Spanish talks

Market sources have warned the mood of investors could turn sour if they are not convinced by the terms of the deal, writes Jon Ihle.

9th June, 2012
Protesters in Madrid last Wednesday: the Spanish government is negotiating a funding programme with EU leaders. Photo: Getty

Markets are expected to rally this week on news that Spain is negotiating bailout terms with the troika to rescue its troubled banking sector, but a sustained recovery in confidence may require coordinated action by central banks and national banks, according to market sources.

Crunch talks began this weekend between Brussels and Madrid over the shape of a funding programme to help the Spanish government underwrite property loan losses in its banks without putting too...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago