MADRID (Reuters) - Spanish banks, already hurting from a property crash, are facing a new wave of loan defaults as the economy sinks into recession and the government may have to find more money or ask Europe for help in filling the funding gap.
Reuters: Business News, Reuters: Business
Thu, 03/29/2012 - 4:54am
MADRID (Reuters) - Spanish banks, already hurting from a property crash, are facing a new wave of loan defaults as the economy sinks into recession and the government may have to find more money or ask Europe for help in filling the funding gap.