Spanish Banks FAIL EU 'stress tests'
In total, 5 Spanish Banks failed the test to measure their ability to cope with difficult trading conditions.
Financial Pages in Spain: Five Spanish banks fail EU stress tests
Worryingly there are others which barely meet the minimum standards
davidgoodall
It paints a very worrying story.
Thinks that if all economists were laid end to end, they would not reach a conclusion
Thankfully (or maybe not) My pensions go into my Spanish bank each month, and is usually spent before the the next months pensions goes in...Even with the current downturn, I prefer to have my money in property than trust the banks with it.
CD
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