Press Release on the stress test conducted on Spanish banking groups
With reference to the report on the results of the tests conducted on Spanish banking groups by the consultancy Oliver Wyman, the Spanish Banking Association wishes to state the following:
Spanish banks are in a position to meet the new capital requirements
With the information available to date on the new capital requirements, Spanish banks are in a position to meet them through their own means and within the timeframes established by the European Council agreements
AEB Statements on the Proposals of the President of the European Commission
The recapitalization of banks is only one of five measures proposed by the President of the European Commission, José Manuel Durão Barroso, which include the resolution of the Greek crisis and the problem of sovereign debt in the eurozone.