Courtesy of Mish.
We now have an official denial of an amusing kind.
With clear reference to CNN’s Situation Room with Wolf Blitzer, Spain calls for calm following an emergency cabinet meeting while declaring the meeting was “Not the Situation Room“.
I pieced together the following synopsis with help from Google Translate:
Situation Room Synopsis
Following a regular cabinet meeting, Spain’s prime minister Mariano Rajoy held an emergency meeting with deputy prime minister Soraya Saenz de Santamaria, Economy minister Luis de Guindos, and Treasury Minister Cristobal Montoro.
The Government says the meeting was not the “Situation Room”.
Economy minister Luis de Guindos admits the situation of “tension” while stating “government is not in a cabinet crisis”. De Guindos requested calm.
Recall that on June 1, de Guindos insisted Spanish banks were sound, not needing a rescue while begging the international community for a rescue….
