Euro zone ministers to discuss whether Madrid should seek bailout

Euro zone finance ministers will discuss on Friday if Spain should ask for financial support after the announcement of the European Central Bank’s new bond-buying programme brought Madrid’s borrowing costs sharply lower.

For the first time since the start of the year the ministers’ talks will take place at a time when market pressure for immediate action to solve the euro zone sovereign debt crisis is easing, rather than mounting.

via Business feed http://www.scmp.com/business/economy/article/1036785/euro-zone-ministers-discuss-whether-madrid-should-seek-bailout