Spanish Prime Minister Mariano Rajoy early on Thursday (24 May) called on the European Central Bank (ECB) to help lower his country's borrowing costs as a matter of urgency.
He said the bank problem is more important than the plans for an economic union brainstormed by EU leaders at a late-night dinner in Brussels, which ended up tasking EU Council chief Herman Van Rompuy with drawing up a long-term plan.
"What I am saying is commonsensical: all efforts are important and good, w...
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