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Will the Spanish Bank Bailout be Sufficient?

Wednesday, 27 Jun 2012 | 1:30 AM ET

"I certainly think it's a possibility that Spain will have to request more funds, it really depends how the market reacts to the current bailout because some people will not be convinced that this will solve the problem but merely load more debt onto the Spanish sovereign," Miles Johnson, Spain correspondent at the Financial Times, told CNBC.