Europe
Originally published on Sun June 10, 2012 1:50 pm
Transcript
RACHEL MARTIN, HOST:
This is WEEKEND EDITION from NPR News. I'm Rachel Martin.
Europeans woke up this morning with a couple of big fundamental questions looming over them. Have they saved Spain? And if not, is the eurozone heading for collapse? After weeks of denial, the Spanish government finally admitted what pretty much everyone else already knew: The country's banks need a bailout. The Spanish haven't said how much they need. But eurozone finance ministers had a long conference call yesterday and agreed they'd lend Spain up to $125 billion.
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