Rajoy Calls for Euro Defense as Spain Risks Credit Crunch
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Spanish Prime Minister Mariano Rajoy called on the European Union to take measures to support public debt sustainability as the euro area’s fourth-biggest economy risks being shut out of financial markets.
“I would like a clear, strong message in defense of the euro project and an affirmation of the sustainability of the public debt of all the European countries that are subject to discussion at the moment,” Rajoy told reporters in comments carried on state broadcaster TVE today.