First, countries seeking help should make a formal request to the temporary European Financial Stability Facility or the (planned) permanent European Stability Mechanism.

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In particular, Spain has so far given no indication that it is prepared to request help from the European Financial Stability Facility (EFSF) or SMP.

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Arun Mishra, India's director general of civil aviation, said permission for the one-off flights was granted following a request from Air India, so the jets could be maintained at its Mumbai facility.

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And if the price is unbearably large, would it make sense for Spain to request a bailout from the International Monetary Fund or the eurozone's European Financial Stability Facility (EFSF) or both?

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An Oxbow spokesman said the 2011 request was "prudent" given the subsequent attack early this year on an Algerian gas facility and threats the company has received from "domestic terrorist groups, " which he didn't specify.

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