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Fiscal gap leaves Spain little choice over aid request

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Spanish PM Rajoy poses after arriving for an interview on national Spanish Public Television (TVE) in MadridMADRID (Reuters) - A widening fiscal gap and mounting pressure from the business community and credit ratings agencies leave Spain with little or no choice but to request European aid soon despite saying it is in no rush to make a decision, analysts and sources say. Prime Minister Mariano Rajoy has said his government is studying strings attached to a new European Central Bank plan to bring down Madrid's borrowing costs if it seeks assistance from the euro zone's rescue fund. Rajoy said in a television interview on Monday he still had not made up his mind. ...



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