August 24, 2012 / 1:52 PM / 5 years ago

Spain not in talks over European sovereign aid: Deputy PM

MADRID (Reuters) - Spain is not in talks with the euro zone over financial assistance to lower its borrowing costs, Spain’s deputy prime minister said on Friday.

Spain's Deputy Prime Minister Soraya Saenz de Santamaria gestures during a news conference after the weekly cabinet meeting at Moncloa Palace in Madrid August 24, 2012. REUTERS/Juan Medina

“The spokesman for Economic Affairs of the European Commission, in case there was any doubt, signaled that the Commission was not maintaining any negotiation with Spain beyond the aid to the banks,” Soraya Saenz de Santamaria said at a news conference after the weekly cabinet meeting.

“There is no negotiation under way... The spokesman for economic affairs says it and I confirm it today.”

Reporting by Julien Toyer; Editing by Fiona Ortiz

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