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Image for Spain's Rajoy Apologises for Corruption Scandal but Rejects Calls to Step Down

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Spain's Rajoy Apologises for Corruption Scandal but Rejects Calls to Step Down

29 minutes
First broadcast:
Thursday 01 August 2013

Spain's Prime Minister, Mariano Rajoy, apologises for his handling of a corruption scandal which he says has harmed the country's image abroad. He says he made a mistake trusting the former treasurer of his People's Party, Luis Barcenas, who is accused of making illegal bonus payments to senior party figures from a fund of donations provided by businesses. But he has rejected allegations of his own corruption, along with calls for him to step down.

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We get a snapshot of how Europe's holiday season is changing with postcards from some of our intrepid correspondents. Dr Irwin Stelzer unpicks US President Barack Obama's 'Grand Bargain' to reduce the country's budget deficit, and we find out about plans to build a 'Port City' in Sri Lanka.


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