Emergency aid to Spain 'doesn't make sense': PM
(WARSAW) - Spanish Prime Minister Mariano Rajoy said Thursday that emergency aid to his country did not make sense, stressing Spain's determination to fight its economic hardships.
"Emergency rescue action for Spain doesn't make sense. We don't need it and we have no plans to use it. There will be no aid to Spain," Rajoy told reporters after meeting his Polish counterpart Donald Tusk.
"The situation is difficult, but we have a government which makes decisions, which knows what to do, which starts reforms, and which will keep doing that," he added.
Rajoy declined to comment on recent statements by French President Nicolas Sarkozy and Italian Prime Minister Mario Monti, who have expressed concerns about the situation in Spain.
"I don't want any polemic with any leader," said Rajoy.
He added Spain's government had to "respect its commitments concerning the deficit, launch structural reforms, work to help Spain rediscover the path to growth and jobs."
Tusk said he was impressed by the "respectable" scope of steps taken by Spain to combat the crisis.
"Spain has made decisions that should absolutely suffice in order to enjoy support, in the shape of confidence," from other countries, he added.
Spain is seeking to reduce its public deficit to 5.3 percent of gross domestic product this year and to the EU limit of 3.0 percent in 2013 from 8.5 percent last year.
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