What?s the point of stress tests if you won?t pay heed to them? Despite a recent stress test finding a ?59.3 billion capital shortfall, the Spanish government and some of the individual institutions that were part of the test have already said they won?t be raising that much capital. Deputy Economy Minister Fernando Latorre said they will request a total of only ?40 billion to recapitalize their banks, while Banco Popular and Banco Mara Nostrum have already announced they will raise capital through their own means, despite important shortfalls.
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