Tag Archive for Mariano Rajoy

Debt crisis: Bailed-out Spain pleads for aid from European Central Bank – Telegraph

By Emma Rowley Spain’s prime minister said he is “battling” to get the eurozone’s central bankers to bring down the country’s record borrowing costs, amid predictions the state will need a second bail-out to save itself. Mariano Rajoy urged the European Central Bank (ECB) to resume its massive purchases of struggling euro nations’ debt in…

Why merging Spain’s troubled banks won’t fix the country’s debt crisis

Bank mergers solve the debt crisis. At least that is the strongly held view in Madrid, where Spanish prime minister Mariano Rajoy is considering yet another rescue, this time involving a possible merger of Ibercaja with rivals Liberbank and Caja3. It follows a longstanding policy, established by the previous socialist administration, that smashing together almost…

Spanish banks don’t need European rescue: PM – Full Story

Spanish banks don’t need European rescue: PM (via AFP) Spanish Prime Minister Mariano Rajoy said he did not believe that Spain’s banks would need rescuing by Europe. “I don’t think so,” Rajoy told journalists on Saturday after arriving in Chicago to take part in a two-day NATO summit, expressing surprise after French President Francois Hollande…