Relevant:
- Spain to Overhaul Banks, Clean Up Real Estate
- Spain Underplaying Bank Losses Faces Ireland Fate
- Spain Set to Purge Banks of Property Hangover
- Here's Everything You Need To Know About The Rapidly Approaching Crisis In Spain Read more: http://www.businessinsider.com/spain-crisis-downgrade-2010-4#property-boom-spain-experienced-a-property-boom-larger-than-the-us-and-uk-1#ixzz0mQZVbIRL
- Now ANOTHER Four Spanish Banks Are About To Merge
2012-02-03 — bloomberg.com
"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."
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