Forex Flash: Eurogoup to focus on bank bailout details – TD Securities

FXstreet.com (Barcelona) - Tonight's Eurogroup meeting ahead of tomorrow's Ecofin meeting should confirm there will be no Spanish bailout request, as said by PM Rajoy, disappointing market participants. "Instead, the focus will likely be on clarifying whether bank bailout funds for Spain go onto the government's balance sheet or not, with details of Spain's Bad Bank plan, as well", wrote TD Securities analyst Annette Beacher.