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Page last updated at 10:52 GMT, Thursday, 20 December 2012

Spanish banks' boost 'should be enough'

The European Commission is expected to rubber-stamp plans to recapitalise another four of Spain's regional lenders as part of efforts to shore up the country's faltering banking sector.

It will come on top of 37bn euros already approved for four of Spain's nationalised banks.

Professor Antonio Moreno, associate dean of the School of Economics at the University of Navarra, told Today business presenter Simon Jack that "this should be enough" to get the Spanish banks making money.

This money will be "adding to Spanish debt", he added.

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