According to El Mundo, Spanish PM Mariano Rajoy sent a stunning text message to FinMin Guindos prior to the bailout negotiations.

He said, according to El Muno editor Pablo Rodriguez: "Resist, we are the 4th power of the EZ. Spain is not Uganda."

Translation: We're a major power, not some random IMF-case banana Republic.

The followup message (according to Google translate) "if you want to force the redemption of Spain will prepare 500,000 billion [actually million] euros and another 700,000 for Italy, which will have to be rescued after us."

Read more: http://www.businessinsider.com/the-text-of-rajoys-text-message-to-guindos-2012-6#ixzz1xQqt4900