US PRESIDENT Barack Obama has pledged his country’s support to Spain as it battles to get its economy back on track.
Obama discussed the Eurozone crisis with Spanish Prime Minister Mariano Rajoy by telephone and acknowledged that Spain faced ‘difficult challenges’ in its fight against the debt crisis.
It comes as Rajoy moved a step closer to asking for a full bailout from the EU on Friday, but warned that he needed to know what conditions would be attached before agreeing to any deal.
Meanwhile, Spain’s King Juan Carlos is to meet with union leaders to discuss the economic crisis amid claims that the government’s austerity measures are making the situation worse.
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