MADRID: Spanish Prime Minister Mairano Rajoy
spoke with US President Barack Obama
on Monday in a telephone call regarding the eurozone crisis
and the financial markets, their offices said.
Obama called Rajoy for a half-hour chat in which they “addressed the economic situation in Spain, in the European Union, and in the world,” according to a statement issued by the Spanish premier’s office.
They also discussed the situation on the financial markets, where nervous investors have driven up Spain’s borrowing costs to unsustainable levels over the long term, complicating the country’s ability to finance its debt.
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