Real estate investments keep souring for Spanish banks

“Potentially problematic” investments in real estate rose to 181 billion Euros in June reveals the Bank of Spain. When the Bank of Spain (BOS) calls an investment “problematic” you and I should probably read that as “toxic”. According to the latest report on Spain’s financial stability, written by the BOS, “potentially problematic” real estate investments [...]

More: continued here

Leave a Reply