Afkarnews

Monday, September 3, 2012

Spain's Andalusia region seeks Madrid rescue

Spain's indebted Andalusia region said on Monday it would seek a central government rescue and it needs a one-billion-euro ($1.3 billion) advance to provide liquidity.

An Andalusia government spokesman confirmed the request, which makes it the fourth region after Catalonia, Valencia and Murcia to seek rescue money from a special fund set up by Madrid.


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