ECB’S Nowotny: Spain Has No Immediate Need of Help

Spain has no immediate need of help from the European Central Bank’s new bond-buying program and should try to refinance itself before requesting aid, ECB policymaker Ewald Nowotny said. “As far as I’m informed, Spain is essentially refinanced for 2012. That means it has no immediate need, and…

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ECB’S Nowotny: Spain Has No Immediate Need of Help