Domenica, 23 Settembre 2018

Rajoy downplays likelihood of bailout request, spreads down


(ANSA) - Brussels, October 19 - Spanish Premier Mariano
Rajoy upset investors Friday by indicating at a European Union
summit his country would not ask for a bailout anytime soon.
"My colleagues said something very reasonable, which is that
a request for help is mine to make, if and when it is
necessary," he said.
The spread between Italian 10-year bonds and the German
benchmark bund climbed after his remarks to 318 points,
reversing a downward trend that was approaching 300 in early
The equivalent Spanish spread, an important indicator of
investor faith in the country's ability to weather the euro
crisis, climbed four points to 375.

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