El País. English. Catalonia taps bailout fund for additional aid. 11.10.2012
Catalonia taps bailout fund for additional aid
Cash-strapped region asks for 410 million euros to cover healthcare and education costs
The regional government of Catalonia has asked to tap the central administration’s bailout fund to the tune of a further 410 million euros, taking its total petition to 5.433 billion. The Generalitat’s economy department, headed by Andreu Mas-Colell, explained that as the Regional Liquidity Fund (FLA) also covers debts related to healthcare, education and social affairs, the decision was taken to increase the amount initially requested.
Read the full article here.