CEO of Spain 's largest energy provider says country will need second bailout . Antonio Mexia told CNN ' I do n't want to believe ' in the need for more financial help . ( CNN ) -- Portugal will avoid a second bailout when its current financial aid program expires in the spring of 2014 , according to the boss of the country 's largest energy provider . European leaders have taken steps to deepen financial ties in the eurozone . Mexia said long - term conditions needed to be created for the transfer of wealth between North and South .
CEO of Spain 's largest energy provider says country will need second bailout . Antonio Mexia told CNN ' I do n't want to believe ' in the need for more financial help . European leaders have taken steps to deepen financial ties in the eurozone . Mexia said long - term conditions needed to be created for the transfer of wealth between North and South .