I don't think I've been too optimistic. The government believes the contraction will be around 1.5 per cent, as the central bank said. However, we're waiting to see the Commission estimate.
Luis de GuindosIn the medium and long term. Spain is solvent and able to pay its high debts. In the short-term, we have the capacity to meet our obligations.
Luis de GuindosLet nobody be fooled, the next two quarters are not going to be easy either in terms of growth or employment.
Luis de Guindos