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5/28/12

Spain can count on aid from abroad: Polish cenbanker

Spain could count on a firewall of international funding if its troubled banks need further recapitalization, but the depth of its problems pale next to those of Greece, Poland's central bank governor said on Monday.

Investors are growing increasingly concerned Spain could be forced to seek an international bailout the euro zone can barely afford even though Spain's prime minister has said there will not be any European rescue for Spanish banks.

Polish central bank chief Marek Belka, a former European director at the International Monetary Fund (IMF) who gave a speech in Peru on the difficulties facing the euro, said international funding would be available if Spain needs it.

Read More: Spain can count on aid from abroad: Polish cenbanker - chicagotribune.com

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