Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain "Can manage without ESM"

Source: WSJ - Mon 11th Feb 2013
Spain 'Can manage without ESM'

Spain will be able to pull away from the crisis, which the country has been experiencing for the last 5 year, without requiring any financial assistance from the euro zone's European Stability Mechanism bailout fund, according to the Spanish Foreign Minister.

FM Jose Manuel Garcia-Margallo was quoted yesterday in an interview with German magazine 'Focus', adding that it is "essential" that the European Central Bank has the power to influence financial markets and lower Spain's borrowing costs.

"The ESM should never be the key route out of the crisis."

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs