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Spain prefers the help of ECB than go for bailout

The Spaniards prefer instead bailout,would ask for ECB help

“The only growth mechanism announced by the central bank could be considered “- the Helsinki Sanomatnak Rajoy said. It is conceivable that the nation-wide call for rescue package “- said the business newspaper Kauppalehti.Mario Draghi, President of the ECB on 6 September announced the organization’s new bond purchase program, under which no upper limit to buy the troubled euro zone states kötvényeiből. The sterilized, primarily focused on 1-3 year maturity securities purchases on condition that the Member State so request and are valid to judge a strict conditionalities European rescue package. Mariano Rajoy, said the government will closely examine under what conditions coupled with the ECB’s program, but I do not accept that other steps to reject the budget. “I’m ready to cut the deficit, but others can not tell you how this will proceed,” – said the Minister.

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