Spain intends to restructure its savings banks to help boost international confidence.

“We are reforming our financial sector and it is the most ambitious, far-reaching reform of that industry over the last 20 years in Spain,” Spanish Prime Minister Jose Luis Zapatero told the Financial Times in an interview.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.