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Spain PM says no decision taken on seeking bailout as bond interest rates stay high

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MADRID - Spanish Prime Minister Mariano Rajoy said Friday he would only consider asking for financial aid for his country once the European Central bank has fleshed out its crisis-fighting plans for buying government bonds. This is the closest the leader has come to admitting he is considering a bailout after months of denials. Speaking to reporters, Rajoy urged Europe's leaders and the ECB to speed up the introduction of key reforms to fight the debt crisis and strengthen the struggling banking sector. "I haven't made a decision (on a bailout) yet," Rajoy said after a cabinet meeting. "I want to know what the unconventional measures proposed by the ECB are. We do not know...

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