- Recent data ‘goes in the right direction’
- Any slippage in 2013 will be ‘correctable’
- Targets are ‘fundamental’ for confidence
- Spanish banks will participate in the bad bank ‘ without doubt’
- Spain lacks data on mortgage evictions, need to improve data on foreclosures
- Can afford to take steps to avoid ‘dramatic’ foreclosures
- 2013 Pension spending must e closely watched
- Care has to be taken with any changes in mortgage laws
Bloomberg reporting