News In Brief

Ticker

Request immediate EU bailout - El Pais tells Rajoy

12.12.12 @ 09:13

  1. By EUOBSERVER

Spanish paper El Pais broke ranks on Tuesday, urging Prime Minister Mariano Rajoy formally request an immediate multi-billion euro bailout to avoid deeper recession. In an editorial, the paper said that “delaying the bailout request is equivalent to condemning the Spanish economy to a prolonged and painful recession.”