Spain has already negotiated up to 100 billion euros in aid for its ailing banks.

Banking union aims to stabilize the euro zone by separating ailing banks from state finances.

The state kept bailing out and re-capitalizing ailing banks.

It urged ailing banks to submit "ambitious and realistic" plans to deal with them.

In Italy, the government chose to support ailing banks by buying newly-issued bonds, known as Tremonti bonds.

HSH.UL In Italy, the government chose to support ailing banks by buying newly-issued bonds, known as Tremonti bonds.

He wrote in an opinion piece it would provide guarantees to support ailing banks to issue secured notes.

UBI was willing to pay only a "symbolic price" for the ailing banks, one source said.

Pharmaceutical manufacturers, ailing banks and dour Scotsmen aren't the only ones who could benefit from a Beatles song.

The FROB and Spain's deposit guarantee fund have spent over 60 billion euros rescuing ailing banks in recent years.

But Germany, the bloc's paymaster, discouraged any discussion on when the ESM would be able to directly support ailing banks.

An overhaul would not be easy, however, the IMF said, and it pleaded for ailing banks to be shut down.

The government is on a slow-motion collision with the European Commission over its rule-breaking deficits and state aid to ailing banks.

The funds would pay for the winding-up of ailing banks so that taxpayers do not foot the bill in the future.

The new EU rules address public outrage at the use of state funds to prop up ailing banks during the financial crisis.

While the first two of three objectives - integrated banking supervision and a resolution mechanism for ailing banks - have been delivered.