Speaking to party in Parliament.
- Our ‘responsibility’ is very large
- Spain’s situation is ‘very difficult’
- Many regions have trouble getting financing
- Aim for next 4 years is grow, create jobs
- Main obstacles are deficit, debt, lack of credit
- Has political will to continue reforms
- Deficit is Spain’s ‘greatest urgency’
- Spainiards wouldn’t forgive people’s party for not doing reforms
- Spain won’t need bailout
- Debt creates ‘vicious circle that strangles Spain’
- Spain has never grown when it had deficits
- Deficit target is ‘unconditional’
- We are progressing at a ‘good speed’
- We must not listen to ‘noise,’ get distracted
- Fruits of sacrifices will be seen in future
- Plans education, health overhaul in April
- To encourage developers to sell properties
- To reform public administration to cut overlap
- To change coastal law
- Market situation is ‘very complicated’
- What’s good for Spain is good for Europe
- We have to gain confidence of creditors
- Would like other parties’ support on reforms
- Asks for euro nations to be careful with comments (good luck with that one)
Bloomberg reporting.
