News Headline Summary

Spain's PM Rajoy says Spain's structural budget deficit to fall 3.5%

Says:
- Spain's banking clean up to boost credit flow.
- Spain's exports posting best performance for 30 years.
- Spanish government is stable.
- Planning measures to boost growth.
- Graft allegations are false.

Update details:

- Spanish PM Rajoy has been under severe pressure over the weekend after numerous local press reports suggest his political party have taken part in illegal funding practices, prompting opposition lawmakers to call for his resignation as PM.

Print 14:57, 04 Feb 2013 - Economic commentary - Source: Newswires