Economy

More disappointing auction results after Moodys downgrades 28 Spanish banks

More disappointing auction results after Moodys downgrades 28 Spanish banks

Fifth euro member state to seek bailout also asks for loan from Russia or China.

Fifth euro member state to seek bailout also asks for loan from Russia or China.

Regional lenders step up to fill the gap as big banks trim assets to comply with capital rules.

Legislators weigh whether to postpone automatic cuts until March 2013.