Sunday, 10 June 2012

Fegg Hayes Building Society: We Want €100bn Too

After Spain's banks accepted a European bailout of up to €100bn, the Fegg Hayes Building Society (FHBS) has gone to the EU demanding a similar pay-out.

"The Spanish government states its intention is to request European financing for the recapitalisation of its banks," said FHBS cashier Sharon Kegger. "There's no reason why we can't dip our beaks in too."

Spain better not piss the money away on bullfighting,
warn Stoke's MEPs

It remained unclear, however, exactly how much of the €100bn Spain would need. "We should at least get some of the change if they don't spend it all," Kegger stressed. "This is a shit ton of clams we're talking about here."

There was confusion about conditions of the Spanish bailout. Stoke MEP Tracy Farscape has asked that Stokies be given a free holiday in Spain as compensation for the money Spanish banks will be getting.

Stoke City Council's finance ministers have warned they will closely monitor Spain's ability to stick to deficit targets and structural reforms, and will be asking for straw donkeys and footballers, as well as holidays, in return for defaulting on repayments.

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