Spain Economy Minister: Uncertainties about Italy have contagion effect on Spain

  • Spain has no plans for additional austerity measures
  • Spain studying bailout, will take the decision it considers best for Spain
  • Some signs of optimism in Spanish economy
  • Spanish economy will fall by about 1.3-1.4% this year

Spanish 10 year govt bond yield rises 13 bps on day to 5.62%.

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