(SMH) Robert Tornabell–Real estate frenzy of the '90s has come back to haunt Spain's banks
Spain’s banking crisis did not come out of the blue. In the 1990s, the Spanish suffered a bout of collective madness. Interest rates fell from 14 per cent (with the peseta) to 4 per cent (with the euro) in a … Continue reading (SMH) Robert Tornabell–Real estate frenzy of the '90s has come back to haunt Spain's banks
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(SMH) Robert Tornabell–Real estate frenzy of the '90s has come back to haunt Spain's banks
Spain’s banking crisis did not come out of the blue. In the 1990s, the Spanish suffered a bout of collective madness. Interest rates fell from 14 per cent (with the peseta) to 4 per cent (with the euro) in a … Continue reading (SMH) Robert Tornabell–Real estate frenzy of the '90s has come back to haunt Spain's banks