Italian Prime Minister Mario Monti said the European Central Bank’s bond-buying plan reduced the stigma of asking for aid, as he followed Spanish counterpart Mariano Rajoy in resisting tapping the bailout program.
Basque terror group ETA’s move to lay down its arms prompted a “restrained” welcome from Spanish Prime Minister Jose Luis Rodriguez Zapatero as opposition leader Mariano Rajoy called for proof that the group is disbanding.
Spanish teachers went on strike against budget cuts today as labor unions prepare to fight austerity measures that opposition leader Mariano Rajoy has pledged to implement if he wins the general election.
Prime Minister Mariano Rajoy may hold on to power in his home region of Galicia even as fallout over austerity saps his support elsewhere, in local voting that may ease an obstacle to a Spanish bailout request.
Socialist Francois Hollande and President Nicolas Sarkozy progressed to the final round of France’s election, with the incumbent’s hopes of victory resting on winning supporters from Marine Le Pen’s anti-euro National Front.
Spanish Prime Minister Jose Luis Rodriguez Zapatero ’s Socialist party had its worst electoral setback in more than 30 years, prompting a shift in regional power that risks swelling the public deficit.