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    Spanish leader gives up no-bank bailout mantra

    Thu, 06/07/2012 - 12:58 EDT - Yahoo! Business News
    • YahooBizNews

    A homeless person sleeps in the doorway of a bank in Madrid Thursday June 7, 2012. Spanish Prime Minister Mariano Rajoy pleaded with European leaders "to support those that are in difficulty" and push toward greater fiscal unity - a step that might allow its troubled banks to get direct financial help. The call comes although Spain insists it doesn't need outside aid. (AP Photo/Paul White)Spain's Prime Minister appeared Thursday to have abandoned his insistence that the country's troubled banking sector will not need an external bailout, as for the first time he avoided ruling out such an option.

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