Rajoy Says Hollande Doesn’t Know State of Spain Banks, Efe Says

Spanish Prime Minister Mariano Rajoy said Francois Hollande doesn’t know the situation of Spanish banks after the French president recommended an international bailout for the lenders, Efe newswire reported.

“I don’t think Mr. Hollande said that because, logically, he doesn’t know how the Spanish banks are,” Efe quoted Rajoy as saying today in Chicago, where he’s attending a NATO meeting.

To contact the reporter on this story: Emma Ross-Thomas in Madrid at erossthomas@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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