It’s A ‘Victory,’ Not A Bailout, Spain’s Leader Says

A day after getting approval for a financial rescue he vowed Spain would never need, Prime Minister Mariano Rajoy said it was his idea all along.

“No one pressured me into this. I pushed for it myself, because I wanted a line of credit,” Rajoy said. He refused to call it a “bailout.” He called it a “victory” instead.

Most Spaniards don’t buy that. In a poll published Sunday, 78 percent of respondents said they have “little or no” faith in Rajoy and his ruling conservatives. That’s just six months after they won elections in a landslide.