Spain says to 'speed up' savings banks reforms

Spain said on Sunday it will "speed up" reforms this week of its troubled regional saving banks, a major cause of concern over public finances amid the ongoing eurozone debt crisis.
The coming week will be "very important" for the Spanish economy because the government will "speed up" financial reforms, including "fundamentally, savings banks," Deputy Prime Minister Alfredo Perez Rubalcaba said during a meeting of the ruling Socialist Party in the central city of Guadalajara.