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Image header Agence Europe

Europe Daily Bulletin No. 10678

Contents Publication in full By article 1 / 20
ECONOMY - FINANCE - BUSINESS
(AE) SPAIN: Hollande says Spain must decide if and when EFSF to be activated

Brussels, 30/08/2012 (Agence Europe) - Spain has made “painful sacrifices” but the debt interest rates still remain too high, said French President François Hollande, speaking on Thursday 30 August after a meeting with Spanish Prime Minister Mariano Rajoy. As a nudge in the direction of his Spanish counterpart, he spoke of the European Financial Stability Facility (ESFS)'s ability to intervene, with the support of the ECB, to face the situation. It is Spain's sovereign prerogative to...