So says, er, the Spanish central bank governor Luis Maria Linde

  • Spanish economy expected to grow around 2.8% this year but scenario not free from risk
  • Sain's banks face challenges of low interest rates, low activity and poorly performing assets

So much for the ECB's help then. Linde seemingly finding it tough to wear two hats

  • levels of solvency of Spanish banks well above required levels

Hurrah! More Rioja and tapas all round.

Linde- Talk to the hand cos the head's a little confused