The European aids to recapitalize weak institutions and the creation of bad bank or Sareb will serve to leverage funding, while economic suffocation rages to a larger volume of business and families.
In the last weeks BBVA, Santander and Sabadell said that the volume of credits will not increase till 2014, that can be easily seen when the credits volume in the current year has decreased 23-40 percent.
Where goes all that money? The main idea to give money to the banks is to keep the credit constant, but when was the last time they think about the people?
One of the requirements for the banks to get that money, is to decrease their debt. There are many ways to decrease it, and one of them is not spend a lot! another one want could be expand their capital, this is like a bad forecast, which mean the bank is more prepared for future bad loans. All of this is one of the requirement that Europe demands to the government and the Spanish government to the Banks.
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