Spain was battling last night to avert a fully-fledged sovereign rescue after borrowing costs spiralled out of control, with dangerous knock-on effects in Italy and Eastern Europe.
Louise Cooper, markets analyst at BGC Partners, has told Daybreak that Spain's large economy means that the cost of bailing out the country will run the hundreds of billions of euros.
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The badly-stricken mountain village of Ghyampesal is just 10 miles away from the epicentre of the quake.
It's all going on tonight - as belt of rain sweeps from in from the west - lively downpours will mean rumbles of thunder and hail
A baby boy, born yesterday into a disaster zone, has not yet been given a name as his family and his village wait for help.