- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Bad debt as a percentage of total debt at Spanish banks rose to 7.2% in August, its highest level in 17 years, Bank of Spain data showed on Tuesday.
Loans that had fallen into arrears rose by 3.2 billion euros to 127.7 billion euros during the month.
The percentage of bad loans to total lending was its highest level since November 1994.
The highest unemployment rate in Europe, coupled with sluggish economic growth and the end of a housing and construction boom, has driven up the level of unrecoverable debts in Spain.
Be the first to comment on this Story !!