France's Sarkozy says 'no problem' with Spain's finances

17th June 2010, Comments 0 comments

French President Nicolas Sarkozy on Thursday said there was "no problem" with Spain's finances, as European leaders concluded a summit focused on cross-border economic governance.

"We consider that there is no problem with Spain, we are showing full confidence in the Spanish authorities," Sarkozy said, a day after reports Madrid was preparing to request bailout aid, which were roundly denied.

© 2010 AFP

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