By EMESE BARTHA and JONATHAN HOUSE Despite mounting pressure for it to seek an international bailout, the Spanish government proved it can still finance itself on markets. The Spanish debt agency Tuesday sold €4.57 billion ($5.99 billion) of short-term debt, slightly more than planned and at a cheaper rate than at previous auctions. The result showed that Spain, one of Europe's largest fiscally frail countries, continues to benefit from the European Central Bank's pledge that it will throw its vast financial firepower behind future European bailouts. But in recent days, the calming effect on markets of the ECB's backstop announcement has started to...
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