González comments branded irrelevant but no let-up in sight for Spanish banks
The Spanish government needs to do more to restore confidence in the economy to re-open international capital markets, a senior funding official at one of the country’s leading banks told EuroWeek on Tuesday morning.
The comments come after Francisco González, chairman of BBVA, said international capital markets were closed to Spanish borrowers.
If the Spanish state is finding it difficult to obtain funding from abroad, private entities are having even more problems, said González in a speech on Monday. The international capital markets
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