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M. Continuo

Spain's Rajoy says EU must stick to bank reform calendar


    MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy said on Monday that the European Union must stick to the agreed-on calendar for banking reform in the euro zone area and provide credit for small businesses.

    Rajoy, who was speaking at a news conference with his Portuguese counterpart Pedro Passos Coelho, added that the EU could do more to help recession-struck countries and that there was no time to lose.

    (Reporting by Julien Toyer; Writing by Clare Kane; Editing by Tracy Rucinski)