This is a shock that is affecting everyone – the plans enacted in 2009 and 2010 cannot be applied to the current situation. Almost all the letters of the alphabet have been used to describe the type of recovery we might see: V-shaped, L-shaped, U-shaped… What will it be? And what is your opinion on essential industries being paralysed?
The accusation levelled at us by northern European countries is that Spain has squandered the opportunity to reduce its deficit during a growth period, and now we’re paying the price. Spain reduced its deficit. In 2011 we had a government deficit of 9.6% and we reduced it to 2.5%. We have a high level of debt, close to 100% [of GDP].