Spain denies talk of IMF rescue

Article reports that Spain bore the brunt of the damaging contagion from the Greek sovereign debt crisis on the 4 May 2010, with the Ibex 35 stock market index falling 5.4% and José Luis Rodríguez Zapatero, the Socialist prime minister, obliged to deny rumours of an imminent international bail-out similar to the one for Greece.

ESO: Background information: Eurozone debt fears deepen http://www.europeansources.info/record/eurozone-debt-fears-deepen/

ESO: Background information: The Greek debt crisis of 2010 http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

ESO: Background information: S&P downgrades Spain amid contagion fears http://www.europeansources.info/record/sp-downgrades-spain-amid-contagion-fears/

BBC News, 4.5.10: Spain feels pain as recession bites http://news.bbc.co.uk/1/hi/world/europe/8660633.stm

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