Spain won't help Sacyr financially in Panama canal row


  • World
  • Tuesday, 07 Jan 2014

The logo of Spanish builder Sacyr is seen on the company's headquarters in Madrid January 4, 2014. REUTERS/Andrea Comas

PANAMA CITY (Reuters) - Spain will not provide financial help to a Spanish company leading a consortium locked in a dispute over the costs of expanding the Panama Canal, its ambassador said on Monday, as both governments distanced themselves from the spat.

Visiting Spanish public works minister, Ana Pastor, met with officials from building consortium Grupo Unidos por el Canal (GUPC), which is fronted by Spanish construction company Sacyr, and with Panamanian President Ricardo Martinelli.

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