Spain Urged to Slow Cuts as IMF Calls for Overhaul of Banks

bloomberg.com — The International Monetary Fund saidSpain should slow down deficit cuts to avoid exacerbating the effects of the recession, and urged the government to step up bank supervision and identify lenders that aren't viable.
#Spain Urged to Slow Deficit Cuts by IMF, also Calls for Overhaul of Banks t.co/CDtSxYVv @BloombergNews (But will EU agree re: cuts?)