. >> the ngc banco and bfa bankia will get funds. but it comes with conditions -- the banks agreed to a tough restructuring plans, including the closings of hundreds of branches. they say the bank's need a new business model. >> instead of real estate and other risky investments, the banks will focus on personal loans and on lending to small and medium-sized businesses. >> the steps are intended to allow madrid to return to stability without further help from brussels. >> the u.s. ratings agency fitch has downgraded argentinian debt. the agency says a default by the latin american nation is probable. >> buenos aires is in trouble. in argentina does not pay its debt, which it says it will not, it will be technically in default. >> argentina owes money to creditors who refuse to take part in a debt by down after it defaulted on government bonds a decade ago. a u.s. federal court has ordered repayment by december 15. the government has appealed against the ruling. argentina is already struggling with recession, which the fitch report pa