Spain’s Prime Minister Mariano Rakuyy said that his government for the bailout package will not accept the outer terms. There is an impression of global financial markets that Spain, Europe’s fourth largest economy will need quick relief package.
The Spanish Prime Minister Mariano Rakuyy said that for this agreement he will not show hurry. During the conversation he said in a television interview: “What are concrete policies other tells us about this, me will not accept this”. Spain sated that idea come in front in that time when the financial crisis is getting severe. And the unemployment rate reached 25%. That’s why loans are getting expensive. While this years heavy debt payments are also fixed.