Spain's €100 billion bail-out will be accompanied by EU-IMF supervision of banking reforms, EU and German officials said on Monday (11 June) - contradicting Madrid's claims that no "men in black" will come to the country as they did to Greece, Ireland and Portugal.
"We will work with the European Central Bank, the European Banking Authority and the International Monetary Fund [IMF] on conditionality. But no new conditions on fiscal policy or on structural reforms are needed," economics ...
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