From the official site:
LeTour.fr contacted Eusebio Unzue, the directeur sportif of Caisse d’Epargne at the start of the stage to get an update on the team’s leader Alejandro Valverde. “At the moment, our goal is to see how Alejandro copes,” said the Spaniard. “We’ll see how he’s recovering. The level of the injuries isn’t severe so it should be no problem but he does have grazes on his arms and wasn’t able to rest too well last night. He’s in pain but that is typical in the days following a fall. It’s a normal situation after a crash and hopefully it’s not too serious. Within the next two or three days, when the race arrives in the Pyrenees, we hope he has fully recovered.
“Today we will try not to waste energy and if he progresses, then we can consider our plans for the coming stages.”