Eurozone agrees Spain bailout deal

Press Association
Eurozone Spain deal
Eurozone Spain deal

Euro area finance ministers agreed early on the terms of a bailout for Spain's troubled banks, saying that 30 billion euro can be ready by end of this month.

The finance ministers for the 17 countries that use the euro as their official currency will return to Brussels on July 20 to finalise the agreement, having first obtained the approval of their governments or parliaments, eurozone chief Jean-Claude Juncker said early on Tuesday.