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Spain could reform laws to recapitalise savings banks

Source: Reuters - Sat 22th Jan 2011

Spain's government could reform existing laws in its plan to accelerate the restructuring of its ailing savings banks, Deputy Prime Minister Alfredo Perez Rubalcaba said on Friday.

Rubalcaba said it was not yet decided, however. The government's latest plan for the savings banks will come out soon, he said.

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