Ad
Spain's PM Mariano Rajoy claims deficit-cutting measures will convince the markets (Photo: Partido Popular de Cantabria)

Spain in wait-and-see mode as recession worsens

Spanish Prime Minister Mariano Rajoy on Tuesday (28 August) said his government has not yet taken a decision on asking for European help in refinancing its debt, pending a key meeting of the European Central Bank next week.

Speaking alongside EU council chief Herman Van Rompuy, who interrupted his vacation in Spain to meet the Prime Minister, Rajoy re-stated his commitment to "take all necessary measures" to get the country out of the worsening crisis.

"We've already taken complic...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Spain's PM Mariano Rajoy claims deficit-cutting measures will convince the markets (Photo: Partido Popular de Cantabria)

Tags

Ad

Related articles

Ad
Ad