Brussels, 28/07/2010 (Agence Europe) - On Wednesday 28 July, Jorge Gil Lozano, the head of international operations at the Spanish Confederation of Saving Banks (CECA), informed a group of journalists that “Spain is the winner in the banking stress tests”. He added that “the Spanish banking system is solid, even in the most extreme scenarios, such as a 28% reduction in residential real estate prices and a decline in property prices that could fall as much as 60%”. According to...