3 agosto 2012 15:13
The Spanish Prime Minister Mariano Rajoy, in a press conference scheduled for today, long after avoiding the question about whether he would apply for the bailout funds (EFSF/ESM), to get the support offered yesterday by the ECB, said he has not decided. Rajoy said also he did not knew yet what the unconventional measures the ECB is preparing will be, and that his decision depends on it. For the ECB to act on the secondary market, buying debt, Draghi has set as condition that it is "necessary but not sufficient" that the governments apply for support from the stabilization funds. Which comes with strict conditionality.
3 agosto 2012 15:13