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Spain to analyze outcome of Greece's 'No' vote in debt deal referendum

Xinhua, July 6, 2015 Adjust font size:

Spanish Prime Minister Mariano Rajoy called an extraordinary meeting on Monday to analyze the consequences of the 'No' vote outcome in the referendum held on Sunday in Greece.

The meeting, which usually takes place on Thursday and brings together the members of the government's economic affairs committee, will deeply analyze the consequences of the referendum.

After Greek Prime Minister Alexis Tsipras announced a referendum on whether or not to accept the proposed bailout deal with international creditors last week, Rajoy then called a meeting of the country's top officials.

On Sunday, Rajoy said the best outcome would be a 'Yes' vote but warned that the situation in Greece was very difficult regardless of the result.

He said that what was happening in Greece could affect Spain and the European Union (EU), but pointed out that the reforms carried out by the Spanish government would minimize the damage.

"Whatever happens in Greece, the euro and Spain will move forward and Spain will continue to be an important part of the (European Union)," he said.

Rajoy pointed out that both the EU and Spain had always been supportive of Greece and expressed hope that the country would continue to be part of the EU.

Meanwhile, Spanish risk premium surpassed 161 points on Monday morning from the 144.30 points of Friday at closing time. Spain's benchmark stock market index Ibex-35 fell more than 2.0 percent in early trading to 10,562 points, below the 10,779.80 points of Friday closing time. Endit