Spain will today formally ask its eurozone partners for up to ?00bn to recapitalise its banks, opening a week of diplomatic activity that will culminate in an EU summit on Thursday to address the region's damaging sovereign debt crisis.
Luis de Guindos, Spain's economy minister, and his colleagues in the 17-nation eurozone say that details of the loan for Spain and the conditions attached should be agreed in a memorandum of understanding to be discussed by eurogroup ministers on July 9.
西班牙财长路易斯•德金多斯(Luis de Guindos)及欧元区其他16个成员国的财长们表示，对西班牙援助贷款的细节及附加条件应以备忘录的形式达成共识，这一共识将在7月9日举行的欧盟部长级会议上予以讨论。
But institutions and governments have continued to voice differences over how to apply the bailout and broader fiscal and banking reforms needed to restore investor confidence .
A blueprint for the future of the euro is in the final stages of being negotiated. The latest draft calls for member states to surrender powers to run their banks, give up some control over national budgets and pool the risk of underwriting deposits and raising debt. It will be circulated to member states tonight before being presented to a crunch summit of EU leaders.
Madrid's eurozone partners are likely to require a deep restructuring of Spain's domestic banking sector as a a condition of a bank bailout, which could involve the creation of one or more "bad banks" to house property assets and the forced liquidation of insolvent institutions.
Officials will look at restructuring examples from Ireland, where a central "bad bank" was created, and Germany, where "toxic" assets were placed in separate vehicles alongside individual banks.