Span­ish bank loans from ECB jump 26 per­cent

Kathimerini English - - Business & Finance -

Span­ish banks’ loans from the Euro­pean Cen­tral Bank jumped 26 per­cent in May as grow­ing ex­pec­ta­tions of a Greek de­fault in­creased len­ders’ fi­nanc­ing costs. Span­ish banks bor­rowed 53 bil­lion eu­ros ($77 bil­lion) from the ECB in May, up from 42 bil­lion in April, the Bank of Spain

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