Austria Chancellor Can’t Rule Out Spain Bailout, WiBlatt Says

Austrian Chancellor Werner Faymann said that while "nobody can rule out" Spain will need a bailout, he trusts that the country will do everything to avoid this, according to Austrian daily newspaper WirtschaftsBlatt.

"The Spanish will do everything to avoid" a bailout by the European Union, Faymann said in an interview with the Vienna-based newspaper. "However, unfortunately nobody can rule this out," he added.