Boiling Frogs

Spanish (undoubtful) fact of the day

April 18th, 2012  |  by  |  published in Warning signs | Leave A Comment »

Spanish (undoubtful) fact of the day

Today, the central bank of Spain published its monthly statistics on doubtful assets owned by its private banks. Doubtful assets are mainly composed of non-performing loans or arrears. In other words: money owed to banks that household or companies are possibly not going to pay back. Without surprise, the amount of these bad assets is still […]

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