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...Miguel Angel Fernández Ordóñez, governor of the Bank of Spain, has already recognised the importance of the issue....
...“The rescue plan gives you a breathing space to do what needs to be done,” said Lorenzo Bernaldo de Quirós of Freemarket, the Madrid-based consultant. “But time is short and markets are impatient....
...But Miguel Fernández Ordóñez, the Bank of Spain’s governor, told the Financial Times this month that “if you want to be gradualist, you have to anticipate”....
...We’re going to have a depression like in the 1930s,” says Lorenzo Bernaldo de Quirós, economist and chairman of Freemarket International Consulting....
...Miguel Angel Fernández Ordóñez, the central bank governor, reassured members of parliament this week that Spain’s financial system was rock solid....
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