Almunia Says Spain Hesitation on Aid Request Is Risky, AFP Says

Spain’s reluctance to ask for a full international bailout is “very risky” and could prove costly, Agence France-Presse reported, citing European Union Competition Commissioner Joaquin Almunia.

“The Spanish authorities should make a decision on a possible rescue,” Almunia said told AFP in an interview published today. “This decision isn’t entirely black or white, but what’s really risky is continuing the uncertainty.”

To contact the reporter on this story: Rebecca Christie in Brussels at rchristie4@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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