Draghi lauds government’s austerity and reform drive
But ECB chief cool on reviving bond purchases
But ECB chief cool on reviving bond purchases
Commission fears that restructuring underway will fall short Domestic funding options limited by Madrid's austerity drive
European Commission fearful of fresh euro crisis as risk premium widens
Added five-billion trim will take place at central government level Montoro says administration will “give up on spending projects” to meet new targets

Government fears 4.4 percent goal for 2012 would deepen the economic crisis
Commissioner says it is “premature” to question Madrid’s figures Brussels calls for quick action on Spanish budget