Spain has formally requested a bailout loan for its banking sector from its eurozone partners.
Eurozone countries have agreed to lend up to 100bn euros ($125bn; £80bn).
No specific figures were given for the emergency loans, although independent audits last week said that the banks would need up to 62bn euros to stabilise themselves.
But Spain's economy ministry said that the audits, and a report from the IMF, should be a starting point.
The request was made in a letter from Spain's economy minister Luis De Guindos to Eurogroup chairman Jean-Claude Juncker.
The letter said that Spain planned to sign a memorandum of understanding for the package by 9 July, which would include details such as exactly how much would be borrowed.
It said the amount would be enough to cover all the needs of its banks and an additional security buffer.
A meeting of the Eurogroup, which includes the finance and economy ministers of the 17 eurozone members, was already planned for 9 July.
Spain's banks have been struggling with bad loans following the collapse of its property market.
The economy ministry confirmed that it would be allocating the rescue funds to its banks through the state-backed Fund for Orderly Bank Restructuring.
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