French president Francois Hollande visiting Spain.

The French president makes his maiden official visit to Madrid as the European Central Bank scrambles to work out a mechanism for buying some eurozone governments’ bonds so as to curb those borrowing costs.The ECB has made clear that Spain would have to apply formally for help from the eurozone’s bailout funds, submitting to their strict conditions, before it will act on the market.

http://todayimages.photoshelter.com/gallery/Hollande-and-Rajoy-at-Moncloa-Palace-2012/G0000Sp7bAHp6b8Q/

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