making progress down that route. >> santander, spain's biggest bank -- profits beat, and that is as the latin american units compensated for perhaps a more challenging environment in europe. net income came in a little lower. hit by a one-time charge of restructuring in the u k and poland. i've got italy coming out of recession, germany under pressure. how would you describe the spanish market to me? >> well, the banking environment in europe in general is challenging, despite which we continued to grow our revenues and we improved credit quality, and were able to cut costs. ultimately, the market conditions in europe and specifically in spain are clearly weaker than in latin america. we have a very strong presence in high-growth markets in latin america, and that is what what compensated a bit of the weaker performance in europe.