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Spain: No request for bailout, says minister
Source: BBC News
Spain's economy minister has dampened speculation that the country is about to seek a bailout of its bank sector.
Luis de Guindos said no decision would be made until audits of the banks were completed, possibly by the end of June.
There have been reports in the last few days that Spain was seeking an immediate bailout from eurozone funds.
Mr de Guindos was speaking in Brussels, where proposals aiming to avoid taxpayers having to fund future bailouts of banks have been published.
Read more: http://www.bbc.co.uk/news/business-18333240
