Spain Says No Need For Bailout
Published / Last Updated on 31/05/2012
Spain Says No Need For Bailout.
The Spanish Economy Minister Luis de Guindos has dismissed talk of it seeking a bailout from the Inernational Monetary Fund (IMF) as "senseless".
There were rumours that Spain had already gone to the IMF, after the Spanish deputy prime minister went to meet the IMF's managing director Christine Lagarde.
The IMF has denied that Spain had asked to discuss rescue loans.