Well props to that at least Spanish arent so brain dead to beg for help without doing any reforms first,if their plan works out for the next two years Spain will no need any help fro ecb or imf,its hard on all of those who are unemployed or getting their wages cut but many countries made this sacrifice,and at the end they at least have their own dignity to make choices instead of begging for cash every three months while corruption absorbs all of it and does 0 to jumpstart Greek economy.
Spain has time to wait for clarity on EU aid: economy minister
Spain has time to wait for clarity on what a full European rescue would involve as it has already covered the majority of its debt needs for the year, Economy Minister Luis de Guindos said in a newspaper interview published on Sunday. "We will find out the details and then we will draw up a precise calendar," de Guindos said when asked by ABC newspaper if Spain would ask for aid in September. "We've got time ... the Treasury is financing itself relatively well in the market, given the circumstances." Prime Minister Mariano Rajoy signaled for the first time on Friday that he may seek a full-blown aid package but said ... (full story)