Spain Cash-Starved States Nudge Rajoy Toward Rescue

Spain’s regions are adding to pressure on Prime Minister Mariano Rajoy to seek a European bailout as the funding needs of the country’s cash-strapped states swamp government expectations. Nine of the 17 states have already requested support worth 93 percent of Spain’s 18 billion-euro ($23 billion…

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Spain Cash-Starved States Nudge Rajoy Toward Rescue