• Demands Spain’s banks increase their provisions to 47% on healthy real estate loans ,and separate healthy real estate assets from toxic assets by year end.
  • Government to tighten laws on MP’s that falsify budget data.
  • Goverment also set to change rules to boost and make more flexible the rental market (Public Works Minister)
  • Will tighten laws on unregistered economies, and benefit fraud
  • Will appoint 2 auditors to evaluate all banks balances
  • Government may buy shares, covertibles in struggling banks

Comments made in El Pais