Reuters: Financial Services and Real Estate: CORRECTED-IMF denies in talks with Spain on rescue loan

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

CORRECTED-IMF denies in talks with Spain on rescue loan May 31st 2012, 18:03 Thu May 31, 2012 2:03pm EDT WASHINGTON May 31 (Reuters) - The International Monetary Fund is always assessing different economic scenarios in all of its member countries, an IMF spokeswoman said on Thursday after a news report that the fund was in talks with Spain on contingency plans. "The fund's job is to assess the economic situation, monitor developments, and discuss different scenarios in all its member countries. That is part of the fund's regular surveillance work," an IMF spokeswoman said, after a Dow Jones report said the IMF was considering a rescue loan for Spain. Wall Street sharply cut losses on the report, ignoring earlier comments on Thursday by an IMF spokesman who told reporters the fund was not drawing up plans that involved financial assistance for Spain and that Madrid had not requested IMF funding.

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