Spain's Economy Minister Luis De Guindos gestures during a parliamentary hearing at the Spanish Parliament, in Madrid, Spain, Monday, July 23, 2012. Economy Minister Luis de Guindos told reporters Monday before going into Parliament to discuss the rescue package for the banks that Spain would not need a bailout and said the intense market pressure was due to uncertainty over the future of the single euro currency. Financial pressure on recession-hit Spain ratcheted up further Monday to a level that has seen other European countries needing financial bailouts. (AP Photo/Andres Kudacki)