Spain’s prime minister José Luis Rodríguez Zapatero sought to reassure investors on Tuesday as the country’s Ibex equity index fell and amid rumours of Spanish interest in a €280bn bailout. (Le Figaro reported on the chatter).
Flashes, via Reuters:
RTRS-SPANISH PM ZAPATERO SAYS RUMOUR OF SPAIN ASKING FOR 280 BLN AID FROM EURO ZONE IS COMPLETE MADNESS
RTRS-SPANISH PM ZAPATERO SAYS SPAIN HAS STRONG SOLVENCY ON DEBT
RTRS-SPANISH PM ZAPATERO SAYS RUMOURS CAN DAMAGE SPAIN’S INTERESTS, THAT’S INTOLERABLE
RTRS-SPANISH PM ZAPATERO SAYS LOAN FOR GREECE IS A CONSIDERABLE COMMITMENT FROM SPAIN
RTRS-SPANISH PM ZAPATERO SAYS SPAIN HAS TO RESTRUCTURE FINANCIAL SECTOR
Related links:
On sovereign risk and jamón ibérico – FT Alphaville
Robbing Pedro to pay Paul (of Greece) - FT Alphaville
S&P downgrades Spain to AA - FT Alphaville