A Spanish minister angered Italy and France after claiming the two countries backed Spain in demands for speedier actions by the eurozone to bring down its record-high borrowing costs.
Both Rome and Paris on Tuesday (24 July) denied ever having issued a joint statement with Spain. The statement asked for the immediate application of a June deal, whereby banks could be funded directly by the eurozone bailout fund.
The Italian government said it was "astonished" by the Spanish annou...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login