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Image header Agence Europe
Europe Daily Bulletin No. 10670
ECONOMY - FINANCE - BUSINESS / (ae) spain

Mariano Rajoy has not yet decided about EFSF/ESM aid

Brussels, 03/08/2012 (Agence Europe) - The Spanish prime minister, Mariano Rajoy, said on Wednesday 3 August 2012 that he had not yet decided whether to ask for aid from the eurozone bailout fund (EFSF and ESM) to help Spain roll over its debt. Rajoy welcomed the ECB's statements on Thursday, when its head, Mario Draghi, said that the wide spread in sovereign debt interest rates was unacceptable and the ECB is prepared to intervene. This is important because Draghi used to say the opposite,...