Spain has no immediate need of help from the European Central Bank's new bond-buying program and should try to refinance itself before requesting aid, ECB policymaker Ewald Nowotny said. "As far as I'm informed, Spain is essentially refinanced for 2012. That means it has no immediate need, and I also believe it's thoroughly sensible to try to fix things at home and only come back and ask for help if this doesn't work," he said. The ECB has said it is ready to use its new bond-purchase program to help euro zone countries that apply for aid, but it is up to the countries concerned to decide whether to apply for such ... (full story)