ECB president endorses proposal by German Finance Minister.

Spains Rajoy shows reluctance to ask for aid given the terms involved.

Spains Rajoy shows reluctance to ask for aid given the terms involved.

Draghi waits for Spain to decide on aid request.

Draghi waits for Spain to decide on aid request.

Companies cut jobs amid debt crisis; German unemployment rate at 5.5%.

Draghi stakes his credibility on plan to buy bonds.

Draghi stakes his credibility on plan to buy bonds.