login
login
Image header Agence Europe
Europe Daily Bulletin No. 10691
ECONOMY - FINANCE - BUSINESS / (ae) spain

Dodgy debts reach record high in Spain

Brussels, 18/09/2012 (Agence Europe) - The level of dodgy debts held by Spanish banks stood at its highest for fifty years in July, with nearly one in ten mortgages classed as risky, announced the Bank of Spain on Tuesday 18 September. Most of the dodgy debts are mortgages at risk of default, which accounted for 9.86% of all loans in July or a total of €169 billion, the highest since figures were first recorded (1962), and is an illustration of the deterioration in the Spanish financial...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EDUCATION - CULTURE
EXTERNAL ACTION