MADRID (Reuters) - The high level of ordinary Spaniards owning bonds in the country's banks will make it politically difficult to impose losses on debt-holders after a bailout of the banks, meaning the government and its rescuers could have to foot more of the bill. Spain struck a deal with the European Union on Saturday to receive a loan of up to 100 billion euros ($126 billion) to prop up banks that can no longer handle losses from a property crash and were unlikely to survive a second recession in three years. ... Continue to read.
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