A painter touches up a arch next to one of the main screens at the Stock Exchange in Madrid Thursday Aug. 4, 2011. Spain was forced to pay sharply higher interest rates in a pair of bond auctions, reflecting raised investor fears over the country's ability to handle its debt and avoid a bailout. The Spanish Treasury says it sold euros 2.2 billion ($3.2 billion) in three-year notes carrying interest rates of 4.81 percent, and euros1.1 billion of three-and-a-half year notes with a rate of 4.98 percent. (AP Photo/Paul White)

A painter touches up a arch next to one of the main screens at the Stock Exchange in Madrid Thursday Aug. 4, 2011. Spain was forced to pay sharply higher interest rates in a pair of bond auctions, reflecting raised investor fears over the country's ability to handle its debt and avoid a bailout. The Spanish Treasury says it sold euros 2.2 billion ($3.2 billion) in three-year notes carrying interest rates of 4.81 percent, and euros1.1 billion of three-and-a-half year notes with a rate of 4.98 percent. (AP Photo/Paul White)

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