ECB: Spain Will Not Need Bailout

Spain is not in the same class as the stressed peripheral trio of Greece, Ireland and Portugal, European Central Bank Governing Council member Yves Mersch said in a German newspaper interview published Tuesday afternoon. Asked by the Frankfurter Allgemeine Zeitung whether he thought Spain would need a bailout, Mersch replied: “In Spain we have a different case. Spain has a much lower public debt than Greece, Ireland and Portugal.” – iMarketNews

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.