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

Spanish banks' boost 'should be enough'

Advertisement

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.


Get in touch with Today via email , Twitter or Facebook or text us on 84844.

SEE ALSO

Story Tools

BBC navigation

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific