El blog de Maria

IMF is publishing a report within the first two couples of June where it sttaes that Spanish Banks are 70% strong.

This report explains that our financial entities are safe even if the GDP fell a 4%

Just nacionalized BANKIA was the half of the other 30% which would need capital reinforcement.

No bad news at all! Let´s hope IMF is accurate this time!

"Cartaya", Huelva, Spain, by Manuel M. Ramos, at flickr.com