José Carlos Díez

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Last quote by José Carlos Díez

Once the country has officially asked for help, the Eurogroup and other countries must ask the European Commission to prepare a memorandum and this memorandum must contain all the details: the conditions for aid, the amounts, the interest rates, the timetable, if it will involve the EFSF (European Financial Stability Fund) or the EFSM (European Financial Stability Mechanism)? As the saying goes 'the devil is in the details'. We'll have to see the memorandum to know whether the plan can be successful.feedback
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Jun 22 2012
José Carlos Díez has most recently been quoted in an article called Spanish banks face difficult summer. José Carlos Díez said, “Once the country has officially asked for help, the Eurogroup and other countries must ask the European Commission to prepare a memorandum and this memorandum must contain all the details: the conditions for aid, the amounts, the interest rates, the timetable, if it will involve the EFSF (European Financial Stability Fund) or the EFSM (European Financial Stability Mechanism)? As the saying goes 'the devil is in the details'. We'll have to see the memorandum to know whether the plan can be successful.”.
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