Central Bank News
Spain calls for new euro fiscal authority
By Julien Toyer
MADRID (Reuters) - Spain, the latest combat zone in Europe's long-running debt wars, urged the euro zone to set up a new fiscal authority to manage the bloc's finances and send a clear signal to markets that the single currency project is irreversible.
Prime Minister Mariano Rajoy said the authority would also go a long way to alleviating Spain's woes which, along with the prospect
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