Debt crisis: as it happened, June 12, 2012

Spanish 10-year bond yields jump past 6.8pc, a 13-year high, as German Chancellor Angela Merkel warns that any funds for the country will be tied to reforms of its banking sector.

Spanish bond yields hit euro-era high of 6.83pc Merkel: Spain must reform banking sector in return for funds Cyprus 'asks Russia for 5bn loan' Osborne: most difficult decision was cutting 50p tax rate Fitch: Spain will 'significantly' miss deficit targets UK manufacturing falls by more-than-expected 0.7pc

= Latest =

20.46 That's it from our live blog this evening. We'll be back tomorrow. Log (Xetra: A0B9YJ - news) on to our financial crisis page for more.

Goodnight.

19.35 More from Mr Tsipras's news conference, where, according to AFP , he refused to take questions from the foreign media:

A process of peaceful revolution is underway [...] On Monday, the forces of internal corruption and global usury will stop writing (bailout deals) because our people are about to write history.

Alexis Tsipras gives a press conference at the in central Athens on Tuesday (Photo: AFP)

18.51 More fighting talk from Greece's leftist leader. Alexis Tsipras has insisted that Greece's bail-out deal would be "history" after Sunday's vote. He told reporters:

The bailout deal is already in the past. It will be history for good on Monday.

See the rest here:
Debt crisis: as it happened, June 12, 2012

Related Posts

Comments are closed.