Spain in Position to Seek Aid as Tensions Lower, Campa Says

Lock
This article is for subscribers only.

Spain is in a better position to negotiate a full bailoutBloomberg Terminal in a period of lower tension on financial markets such as the current one, former Deputy Finance Minister Jose Manuel Campa said.

“The government will be in a better position to request a program in a moment of non stress like now than in a moment of stress,” Campa said in an interview with Bloomberg Television at the Madrid IESE Business school, his first since resuming a professorship after the end of his mandate with Jose Luis Zapatero’s socialist government in December.