
Finance Minister Montoro: "The door to the markets is closed for us at present." (© AP/dapd)
Spain admitted for the first time on Tuesday that it is having difficulties raising money on the financial markets. The possibility of making use of the euro bailout fund in a bid to solve the country's bank crisis is increasingly being discussed. For some commentators the step would be a nightmare, while others believe that unlike Greece, Spain can be rescued in this way.