FXstreet.com (Córdoba) - After the conclusion of the fourth bilateral summit between Italy and Spain in Madrid, Mariano Rajoy expressed his opposition to the German idea of creating a European Budgetary Commissioner to control members. The Spanish prime minister has claimed, however, a new European plan aimed at boosting the economy and overcome the crisis.

Monti has supported Rajoy when he called for greater political, banking, economic and fiscal integration. Both leaders have been more united than ever, in his words, and have stressed that they defend common interests.