Family Holidays to Spain

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Spain Family Holidays

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Spain’s Property Purge No Panacea for Loan Drought: Euro Credit
Spain’s bid to unblock the flow of credit to its economy by imposing 50 billion euros ($66 billion) of charges on banks for their real estate may not be enough to make them lend and persuade consumers to borrow.

Spain Coaxes Banks to Merge, Purge Losses
Spain’s new government gave banks an extra year to recognize losses if they agree to merge, as it tries to overhaul the financial industry crippled by the collapse of the nation’s property boom four years ago.

Spain's Socialist Party elects new leader
Spain's Socialist Party has elected Alfredo Rubalcaba as its new secretary general, three months after he led the party to a landslide loss to the conservatives in the midst of the nation's deep economic crisis.

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