Spanish budget may offer bailout clues

By Tony Connelly, Europe Editor, in Madrid Now that the Spanish budget has been presented we should know more about when the government of Mariano Rajoy will move into full bailout mode. The centre-right prime minister has delayed long and hard before seeking a rescue, but the European Commission has warned that it is a dangerous game which could deepen the country’s economic woes, and stop the fragile sense of eurozone optimism in its tracks.