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All Quotes by author - Luis de Guindos

" I don't know if we're on the edge of the precipice, but we're in a very, very, very difficult situation. "

" I don't think I've been too optimistic. The government believes the contraction will be around 1.5 per cent, as the central bank said. However, we're waiting to see the Commission estimate. "

" In the medium and long term. Spain is solvent and able to pay its high debts. In the short-term, we have the capacity to meet our obligations. "

" Let nobody be fooled, the next two quarters are not going to be easy either in terms of growth or employment. "

" The battle of the euro is being fought right now in Spain and Italy. The future of the euro is at stake in the next weeks. "

" Those who have the most, who earn the most, must give an example, because that is important for Spain's collective effort. "

" We rule out raising taxes this year. "

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