Speaking in a joint press conference after a bilateral meeting with the French President, Franois Hollande, Rajoy demanded ''efforts'' to support the public debt of countries that are maintaining their commitment to reducing deficit and to banish doubts over the euro, lowering refinancing costs. ''I think that Greece should not exit the euro, because this is the best thing for them and for the eurozone,'' said Rajoy, who was quoted by the Europa Press agency.
The Spanish Prime Minister underlined ''very significant'' agreements with France over the EU's economic situation and its possible solutions, insisting that ''Europe must give an answer, because we cannot go on living like this for very long'', a reference to the high spread between Spanish bonos and the German bund. ''Today, there is no need to demand a bailout fund from the EU, nor from any other institution,'' Rajoy added, highlighting once more Spain's commitment to meeting its stability targets.
Hollande, meanwhile, recognised the ''considerable efforts'' made by Spain and spoke of ''convergent positions'' between Paris and Madrid over the need to inject liquidity into the European financial system and to respond to the need to combine deficit control and growth policies. ''We have convergent positions, though not on all issues,'' the French President said. (ANSAmed).