VOICED: Espana oficializa rescate

VOICED: Espana oficializa rescate

Assessment

Interactive Video

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10th Grade - University

Hard

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Mariano Rajoy announced Spain's request for European intervention to rescue its banks, needing 62 billion euros for recapitalization. This move, seen as a national humiliation, will lead to painful measures like VAT increases. The EU will supervise Spain's financial system, affected by a decade of real estate speculation. The Spanish stock market fell, highlighting the need to restore confidence in the Eurozone. Rajoy aims to limit EU intervention to the financial sector, avoiding a broader public finance rescue like in Greece, Ireland, and Portugal.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué ha calificado la prensa y algunos analistas sobre la ayuda solicitada por España?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué impacto tuvo la intervención europea en la bolsa española?

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