Rajoy says Spain won't request aid this weekend

Spanish Prime Minister Mariano Rajoy said on Tuesday a request for European aid was not imminent following a report the country could apply for help as soon as this weekend.

Rajoy made the comments after meeting in Madrid with the 17 leaders of Spain's regions.

European officials told Reuters late on Monday that Spain was ready as early as next weekend to ask the euro zone and the European Central Bank to start buying its bonds, but Germany had signaled it should hold off.

"If a news agency reports that we'll ask for aid this weekend, there can only be two explanations; that the agency is right, and knows more than I do, which is possible, or that they are not right," Rajoy said with a smile when asked about the Reuters' report.

Read Full Article from Reuters

- Posted: 2012-10-02 16:09:19

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