BERLIN, June 8 Germany will not pressure Spain
to apply for an international bailout, Chancellor Angela Merkel
said on Friday, after reports that Madrid was expected to
request European aid for its ailing banks at the weekend.
"It is always clear that those countries that want to (make
use of) solidarity make the request themselves," she told a news
conference with visiting New Zealand Prime Minister John Key.
"It's down to the individual countries to turn to us," said
Merkel. "That has not happened so far and therefore will not
exert any pressure here or anything."
Merkel said that the euro zone had put in place a "bundle of
measures" that could be called upon in such a case -- including
its rescue fund, the European Financial Stability Facility, and
its permanent successor -- to ensure the stability of the euro
zone and increase the bloc's competitiveness.
Merkel said she wanted Greece to remain a member of the euro
zone but whichever party wins a June 17 election must stick to a
memorandum of understanding agreed with international lenders.
"We told all Greek parties, that's necessary. This
memorandum is so to speak the basis for successful development,"