Spanish Prime Minister Mariano Rajoy has welcomed a European financial lifeline of up to $125 billion to rescue his country's failing banks. Mr. Rajoy told reporters Sunday that efforts by his center-right government had prevented a wider state bailout and that the assistance his country is receiving is different than that received by Greece, Ireland and Portugal. He says the decision to prepare a bailout was difficult, but sends a "clearly defined message the euro is an ...
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