• EU leaders will give definitive support to EUR 110 bln for Greece at summit on Friday
  • Spain will firmly continue with fiscal consolidation policies
  • All euro members working to reduce deficits
  • EU to recommit to reducing public deficits
  • Spanish debts below European levels
  • Can’t be dictated to by markets
  • No reason for markets to attack Spain
  • Has confidence in solvency of Spain’s public accounts