The eu approval of Spain and Ireland bank aid plan to delay for half a year

Xinhua net Brussels June 1-1, the European commission approved the country of Spain and Ireland's bank aid plans to extended,USB Cables to continue to help the two countries banking over the difficulties. According to the commission's decision, Ireland and Spain the government will can in December 31 to continue to its own banking to provide security.LED Lights The European commission said in a statement, extend the bank to help aid program of Spain and Ireland overcome severe economic turbulence is appropriate, also accord with the eu about in the financial crisis in the banking industry for help with the rules. After the financial crisis, the eu member states in large-scale assistance program on the government to help their banking over the difficulties. For the convenience of member countries to deal with the crisis, the European Union also temporary government subsidies to relax the limit. Ireland's most began in November 2009 to provide security for its banking industry support,LED Lamps then extend many times, Spain is from December 2008 began to implement similar aid program. At present, the Irish sovereign debt crisis is still in struggled, the Spanish government debt is, the two countries banking are because a real estate bubble and the crisis of crossing.