Controversy in the world of Spanish bank recapitalizations.
Yesterday the FT reported that the ECB had blocked a recap of the bank Bankia by the Spanish government.
And the ECB just tweeted out this rejection of the article.
The tweet says:
Contrary to media reports published today, the European Central Bank (ECB) has not been consulted and has not expressed a position on plans by the Spanish authorities to recapitalise a major Spanish bank. The ECB stands ready to give advice on the development of such plans.
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