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Monday, October 8, 2012

Spain doesn't need help, euro zone ministers say

Spain's Economy Minister de Guindos talks with his Luxembourg counterpart Juncker during a meeting ahead of a eurozone finance ministers meeting in LuxembourgLUXEMBOURG (Reuters) - Euro zone finance ministers delivered a united defense of Spain on Monday, saying the country was taking steps to overhaul its economy, funding itself successfully in the financial markets and did not need a bailout, at least for now. Arriving at a meeting in Luxembourg to discuss Greece and Spain and to inaugurate the euro zone's permanent bailout mechanism, the ESM, German Finance Minister Wolfgang Schaeuble said Madrid had made clear it wanted no help. "Spain needs no aid program. ...



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