July 22, 2014

IMF, forget it! Spain, for the time being, is incapable of ‘turning a corner’… for the better

Sir, I refer to Tobias Buck’s “Export-shaped cloud looms over Spain’s bright outlook” July 22.

In it he refers to that “The IMF this month declared that Spain had ‘turned the corner’”

Forget it! No country that insists on capital requirements for banks which discriminate against the fair access to bank credit for the “risky”, medium and small businesses, entrepreneurs and start ups, can turn a corner… at least not for the better.

About this, on the web, I placed a message in a bottle to King Felipe VI, on his first working day