La Economía Español

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"Spain is heading for a general bailout. It may not happen immediately, but that is what the figures suggest - that sometime in the autumn, maybe sooner, the country will need a full-blown rescue...During the rest of the year Spain must raise 26bn euros in long-term debt. With the regions pleading for help it may need significantly more, but Spain is effectively shut out of the markets. The borrowing costs for 10-year bonds at 7.2% are clearly not sustainable" - Gavin Hewitt, BBC European Editor, Spain's euro woes: Crisis deepens