Mariano Rajoy dismisses speculation he is close to negotiating rescue package that could release €400bn in EU loans Mariano Rajoy's comments sent stock markets into reverse after a rally earlier in the day. Photograph: Zipi/EPA Spain's prime minister, Mariano Rajoy, has ruled out a multi-billion euro bailout before this weekend, despite the worsening economic situation and pleas from Madrid's neighbours for a resolution to the current crisis. Rajoy dismissed persistent speculation at a meeting of MPs that he was close to negotiating a rescue package with Brussels that could release up to €400bn in EU loans. His comments sent stock markets into reverse after a rally earlier in the day that...
↧