Quote by Mariano Rajoy

Spain is finding it very difficult to finance itself with sovereign debt risk premium so high.

Spain is finding it very difficult to finance itself with so

Summary

This quote suggests that Spain is facing challenges in accessing funds through borrowing due to the high risk premium associated with its sovereign debt. The risk premium indicates the additional interest rate demanded by investors to lend money to a country with a higher risk of default. In Spain's case, the high risk premium implies that lenders have concerns about the country's ability to fulfill its debt obligations. This financial difficulty may pose significant obstacles for Spain in managing its fiscal situation and implementing necessary economic policies.

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By Mariano Rajoy

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