Arab Today, arab today spanish pm no bailout for banking sector
Last Updated : GMT 08:53:10
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Spanish PM: no bailout for banking sector

Arab Today, arab today

Arab Today, arab today Spanish PM: no bailout for banking sector

Madrid - AFP

Spanish Prime Minister Mariano Rajoy rejected on Monday the prospect of an international bailout of the banking sector, and he denied Bankia\'s problems had hurt the sovereign debt. \"There will be no rescue of the Spanish banks,\" Rajoy told a news conference. The state bailout of distressed Bankia would not affect Spain\'s deficit and had no impact on the sovereign debt market, he said.

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