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| 2021 | Mapfre Sells 51% Bankia Vida Stake to JV Partner Caixabank in $648 Million Deal | MT |
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MADRID (Reuters) - The Governor of the Bank of Spain said on Tuesday that he saw a risk that the government's deficit target may not be met, but by a small degree.
"There is a risk of not meeting the deficit target, it's true, but not by an enormous margin, by a small margin," Luis Maria Linde told a parliamentary committee.
He added that further consolidation in the banking sector was "not impossible", given a backdrop of regulatory change and a profitability challenge.
(Reporting By Sarah White and Blanca Rodriguez; writing by Elisabeth o'Leary; editing by Sarah Morris)
BANKIA SA 