Wednesday

27th Sep 2023

Ticker

Spanish bank needs up to €10bn

Rodrigo Rato, chairman of Spain's Bankia, stepped down on Monday as the bank faces a possible €10 billion bail-out. Between €5 billion and €10 billion in a state-backed loan at a rate of near 8 percent may be used to rescue the bank, says Spanish newspaper El Pais.

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Opinion

How do you make embarrassing EU documents 'disappear'?

The EU Commission's new magic formula for avoiding scrutiny is simple. You declare the documents in question to be "short-lived correspondence for a preliminary exchange of views" and thus exempt them from being logged in the official inventory.

Column

Will Poles vote for the end of democracy?

International media must make clear that these are not fair, democratic elections. The flawed race should be the story at least as much as the race itself.

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