Government minister blames Spanish real estate crash on bank greed
Posted on August 26, 2009 by Spanish Property News
Celestino Corbacho, Spanish minister of employment
Bank greed is the “indisputable origin” of Spain’s property crash, according to Celestino Corbacho, Spain’s Minister of Employment.
“As the financial sector is always telling labour markets what they should be doing I am going to remind it of something; it is responsible [...]
Houses for Sale in Spain – Now at Rock Bottom Prices!
Houses For Sale in Spain – Now at Rock Bottom Prices
By John N Stanley
Cash Is King.
Along with many other countries, the Spanish property market has plummeted due directly to the global credit crunch.
Those looking to sell their Spanish homes face a daunting wait if they are unwilling or unable to reduce their asking prices as [...]
