Fears for future of Euro grow amid prospects of Spanish bailout

31/05/2012 - 20:19:49

Fears over the future of the Euro are growing - amid deepening concerns over the prospect of a bailout for Spain.

This afternoon, the International Monetary Fund was forced to deny reports it's drawing up a rescue package for Spain.

It comes after the IMF's Managing Director, Christine Lagarde met with the Spanish Deputy Prime Minister this afternoon.

Meanwhile, the Euro today dropped to a 23-month low against the US dollar - as well as hitting it's lowest level against the Japanese Yen since December of 2000.


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