And I doubt there is enough money to save the collapsing banks.
Goirigolzarri, the new CEO of Bankia, appears to be a cynic who does not dare to blame his predecessor Rodrigo Rato and hopes to get from the state budget nothing less than €23.4 billion. If that's the man with a solution, then there is no solution.
These €23.4 billion are 87% of what the Spanish governments have saved in the last year or two with the brutal social cuts.
Naturally there could be, there surely is, another bank behind Bankia also needing a capital injection. Spain just does not have the money for all that. Hence...
... Dani Maeztu (Aralar) asked Spain to let the banks collapse.