No this hasn't gone away while we've all be distracted by Olympic security problems:
Quote:
Spain's financial woes have deepened despite eurozone finance ministers approving a deal to lend up to 100bn euros (£78bn) to bolster its banks.
The heavily-indebted Valencia region requested an undisclosed loan from a new rescue fund set up last Friday.
And the yield on Spanish 10-year bonds shot up a quarter percentage point to 7.28%, a rate regarded by analysts as unsustainable in the long run.
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http://www.bbc.co.uk/news/business-18921663