France, Spain urge action to curb market rates

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France, Spain urge action to curb market rates

by AFP UK 0:41 mins

France, Spain urge action to curb market rates

by AFP UK 0:41 mins

France and Spain united Thursday in calling for decisive eurozone action to curb crippling borrowing rates, which threaten to push Madrid into seeking a full bailout. France's leader backed Prime Minister Mariano Rajoy's deficit-slashing government, which is also battling to salvage its banks with a eurozone loan of up to 100 billion euros ($125 billion).Duration: 00:41

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