Zapatero announced the government decree created a fund to rescue banks

The government is preparing a decree to create a fund to help banks and they may have problems. The draft of this decree was sent to the PP leader, Mariano Rajoy, to know their opinion. This in turn suggested a counterproposal. And so it was, revealed as the president of the Government, José Luis Rodríguez Zapatero, in Los Desayunos TVE.


However, the president wanted to alarm subtract your ad by specifying that "Spain has a strong financial system, although some institutions may have problems." Has also recognized that some cases may be difficult to pass, but "the majority will be fine." And for those not well? "We will give support to enable them to work properly but will have to make reforms such as mergers." The truth is that yesterday the leader of the PP in the same program of TVE said that there was this exchange of roles with government to help troubled banks and savings banks. The deficit in Spain will continue this year and next, and will begin declining in 2011 and 2012. "Spain will again meet the Stability of the monetary union to lie again at 3%," according to Zapatero said, a figure five points below the forecast for 2009.


Pol i Mateo