Spain would need 280 billion euros.

Keywords: Exchange Madrid, Rumor, SPAIN, Bolsa de Madrid.

 A rumor circulating in the trading rooms, saying that Spain could appeal to the IMF. Spanish Prime Minister Jose Luis Zapatero is trying to extinguish the fire.

Act II, Scene 1. The projectors, which have attracted the eyes of the world on the "Greek tragedy", saw to the west and now targeting Spain. Rumors are circulating in the trading floor on Tuesday, saying that Spain could claim some 280 billion euros at the International Monetary Fund (IMF).
"The information here is running, but nothing is certain," said one trader in Paris.
The Spanish government's reaction occurred in mid-afternoon. "I was informed of the rumor. It is baseless, it is madness, "said Jose Luis Zapatero at a news conference. These rumors are "intolerable and will be fought," he added.
The news website El Confidencial adds that investors are fleeing the Spanish markets, convinced that the rating agencies Fitch and Moody's will lower their score on the national debt. On April 28, Standard & Poor's downgraded the rating of Spain last week.

Fitch and Moody's does not alter:
But Fitch, speaking through his spokesman, confirmed Tuesday that the agency maintained its AAA rating on Spain, and maintains its stable outlook. And Moody's has assured us it was not revising his.
Given these speculations on a possible deterioration of the Spanish note, wins the Madrid Stock Exchange on Tuesday, from 3.2% to 12.30, approaching the bar dangerously technical and psychological 10,000 points at 10,090.1 points. Mid-April, the Ibex index of 35 largest market capitalizations Spanish trading at over 11,500 points.
Bank stocks are more heavily penalized : Banco Santander loose 4.33% to 8.86 euros BBVA drops 4.72%, to 9.37 euros. "As these are issues on the public finances of the state, banks are always the most affected because they are the largest buyers of government securities," said one Paris-based analyst.

Fiscal measures to:
He said Spain's public finances are no more concern than those of France or Germany. But the economic situation of countries is much weaker, "the growth of Spain will stay soft for long, weighed down by an unemployment rate of 20%," says the specialist.
"A recovery is possible only if government spending slowed, but on this point, the Prime Minister has not kept pace and did not act in time," he says.
The Spaniards now fear that the government is obliged to set up drastic measures for the deficit - 11.2% of GDP in 2009 - found the European threshold of 3%. The situation looks like that of Greece.
The Spanish Treasury will proceed on Thursday issuing treasury bonds to 5 years, offering 3% interest and expiring April 30, 2015. He hopes to raise at least two billion euros.