I believe we posted the stress test were BS at the time on the forum. Some of us knew the truth and said so. They even gave Bankia among others a positive reading.
I really do wonder what the point of any of this is any more. It’s just debt on debt on debt. The entire economy of Spain has died.
Resuscitation with more debt and given to the very people and organisations who caused the debacle is potty.
Let ’em all fail and start again with a completely new system. Sack everyone who ran these banks and bring in new blood from outside Spain is my view. The entire banking system in Spain is compromised.