Spain Banks Hold $243 Billion in ‘Troubled’ Property Risk
Thursday, November 3, 2011 @ 11:19 AM
Spanish banks, saddled with 176 billion euros ($243 billion) in “troubled” holdings in the real-estate industry, face an “uncertain setting” because of a weak economy that may mean their bad loans will rise, the Bank of Spain said.
Read more at Businessweek.com