20:50 : Brussels discovers new €15bn black hole in Greece's finances -
• Revelation raises pressure on stricken economy • EU states to be asked for further financial help • Ireland cuts growth forecast • Spain demands banks raise €50bn in capitalPressure on Greece's recession-stricken economy has ...
13:39 : Spain Set to Unveil Bank Overhaul to Clean Up Real Estate -
Spain is set to announce today its plan to shepherd struggling banks into mergers and make the industry set aside 50 billion euros ($66 billion) for real- estate assets left over from the bubble that burst in 2008.