The Governor of the Bank of Spain leaves the entity in advance

The Governor of the Bank of Spain, Miguel Ángel Fernández Ordóñez, will leave his post on 10 June, a month before the end of his mandate.

It is therefore transferred as the entity through a release reported to the President of the Government of Mariano Rajoy.

Fernandez Ordonez took this decision for whom "can join" happens on the same day, that the banks must submit their plans to the hygiene of real estate assets.

"The Prime Minister has understood that this decision fast one and favors efficient transition into the position of the Governor and continue to help of the Bank of Spain to deliver their knowledge and their professionalism in the solution of the problems of our economy and the banking system", explains in the statement.

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Falling markets in advance of the meeting of the EU on the future of Greece

Lucas Papademos, former Prime Minister of Greece.

Stock markets fell heavily on Wednesday before the meeting of the leaders of the European Union, where cover subjects such as the future of Greece in the euro area.

Shares plunged after the news agency Dow Jones reports that the former Foreign Minister of Greece of Lucas of Papademos said: "Athens has to continue with the austerity program or face one exit in the euro area".

Italy and Spain markets dropped to 3.3% and 3.7% or fell during the London, Paris and Frankfurt more than 2%.

Euro fell for the minimal to the dollar in the last 22 months.

At the Summit of Brusealas that the new French President, François hollande, supported the approach of abstinence from Germany to resolve the crisis in the eurozone expected, will challenge.

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